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MSNBC
Oct 5, 2012 2:00pm PDT
, and leading the band is the legender ceo of general electric, jack welch, who joins us right now. jack, you made a lot of news today. here is the tweet you put out this morning. unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. and i'm just wondering, i understand the way it works is the president gets a heads-up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, that the people working for the president somehow got the bls, the bureau of labor statistics, and played with the numbers so it would come down below 8% today. how does it work from your perspective? what happened here? >> well, chris, all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions, tons of assumptions, and it just seems somewhat c
CNBC
Oct 5, 2012 7:00pm EDT
, i think they'll be l. >> hey, larry, huge interview tonight. you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president
CNBC
Oct 5, 2012 1:00pm EDT
we got a doozy right now. jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is really ludicrous to hear that kind of statement. >> representative allan west is a florida republican and he says he agrees with mr. welch. congressman, good to see you. >> thank you very much. how are you all? >> what do you believe what mr. welch says and not what the secretary of labor says. >> it is not about believing what mr. search says. it is about studying the numbers. we continue to see these inconsistencies and revisions upwards and downwards. work force participation rate still remains at a 30-year low. when you compare this to the u6 computation which takes into a
MSNBC
Oct 5, 2012 11:00am PDT
"big," but i don't get it. >> a much stronger reaction from former ge ceo jack welch who tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and from florida tea party congressman alan west. he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this mo
FOX Business
Oct 5, 2012 11:00am EDT
former chief jack welch on the record saying he thinks there are funny numbers at work here and it is tied to the president's for performance. connell: californians hoping you filled your gas tank yesterday because prices spiking overnight on the west coast. we will tell you about that. dagen: stocks every 15 minutes. nicole petallides at the stock exchange with some green. nicole: this is a day on wall street. we got the monthly jobs report which came as a complete surprise to everybody on wall street as we look at the dow jones industrials which are up 65 points but the dow has moved to levels we have not seen since december of 2007. highest level for the dow since 2007 and among the dow components so many of them are hitting 52 week highs. home depot and verizon and general of dr. kent walmart and pfizer and ibm, merck and 3 m. many viewers may own mutual funds. as traders digest this monthly jobs reports some are trying to make heads or tails of it. a shock on wall street but right now this market continues to move to the upside. connell: we should hear from the president on hi
MSNBC
Oct 5, 2012 3:00pm PDT
jack welch kicked off the conspiracy tweeting, quote, unbelievable job numbers. these chicago guys will do anything. can't debate so change numbers. and laura igraham says, job numbers from labor secretary hilda solis are total pro obama. congressman allen west challenged the numbers, quote, chicago style politics is at work here. and, of course, rush limbaugh took time to get unreal. >> it's no different than obama declaring the temperature is going to be 75 degrees every day no matter what your thermometer says. >> that's the problem with the right and that's the problem with governor romney. they can't stand the truth. things are getting better. joining me now is joan walsh, editor at large for salon.com and an msnbc political analyst. and e.j. dionne, columnist for "the washington post" and an msnbc contributor. joan, let me start with you. what's behind these conspiracy theories? >> they just don't want to accept the realities that the president has made things better, reverend al. i think you forgot one. rush, when hurricane ivan was -- rush accused president obama of messing with
FOX News
Oct 5, 2012 1:00pm PDT
buying it. jack welch is here and only here. welcome, everyone, i am here no neil cavuto and this is "your world." the tweak that has everyone talking, jerk welch tweeting this moments after the release of the jobs report. these chicago guys will do anything. can't debate? change the numbers. the labor secretary calling the charge "ludicrous." jack welch. >>guest: i have been called worse than that by some. look, i have no idea where this number came from but you look at it and we added 600,000 jobs in the government sector in august and september which is the largest number we have had since the study has been done, 600,000 jobs. in september, household employment added 780,000 jobs. that's the highest since 1983. i have been reviewing bigs all week, some dozen businesses. no one is stronger than they were in the third quarter than in the 2nd quarter. we have been told there are needed 150,000 to 200,000 to stay even. the last two months we have gone from 83 to 81, and now we are changing the household number assumptions. i don't know what the right number is, but i will tell you
FOX News
Oct 5, 2012 3:00pm EDT
. of general electric, jack welch, seemed to suggest that the job numbers were too good to be true. look at this tweet he sent out and i quote, "unbelievable jobs numbers. the chicago guys will do anything, can't debate? change the numbers." the labor secretary called the accusations ludicrous adding and i quote, "i'm insulting when i hear because we have a very professional civil service organization, these are hour best trained and most skilled individuals." jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the numbers are too high or too low and the next set of numbers are revised. they start, the surveys, they come closer to together. there were oddities in the survey
PBS
Oct 5, 2012 7:00pm EDT
election day. and with such high stakes, former general electric c.e.o. jack welch stirred up controversy with this comment on twitter, accusing president obama's re-election campaign of essentially manipulating the report. - quote - unbelievable jobs numbers...these chicago guys will do anything..-end quote. the bureau of labor statistics is where the data comes from each month. it is a non-partisan government agency. meantime, the government red ink kept piling up in the latest fiscal year. the federal government spent $1.1 trillion dollars more than it brought in according to the congressional budget office. that's the fourth straight year of trillion dollar plus deficits, but down from a year earlier. as for consumer i.o.u.'s, consumer credit grew at its fastest pace in three months.. expanding more than 8 percent in july.. to 2-point-7 trillion dollars. over on wall street, it was a mixed day. the dow gained 35...the nasdaq lost 13...the s&p is down a fraction. for the week.. the dow gained 1.3 percent. the nasdaq was up 6-tenths of a percent. the s- and-p added 1.4 perce
MSNBC
Oct 5, 2012 4:00pm EDT
come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging specifically that the president is engaging in a cover-up of the data. you are saying that the administration is actively manipulating that data, correct? >> well, absolutely. >> good news is all this conspiracy may open up even more jobs. demand for the manufacture and sale of tin foil is increasing as we speak. essential material for all those tin hats. here in new york jonathan alter, a columnist for bloomberg view and democratic strategist julian epstein and john harwood, chief washington correspondent and political writer for "the new york times." julian, so, the bureau of labor statistics is now to be lumped in with false memory syndrome, satanic abuse, and the abduction of children byu fos in terms of
CNBC
Oct 5, 2012 4:00pm EDT
. here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the way, the w.a.r.n. act he refers to requires businesses to tell employees about potential layoffs 60 days in advance. here with reangction, former lar secretary elaine chow. thanks very much for joining us. you were the labor secretary. you had the national butreau of labor statistics under you. what do you think about this possibility of a conspiracy? >> when i was at the department of labor, i think the bureau of labor statistics was very professional. they did a very good job. i don't know what's happening now. i can't speak to that. but the fact that this administration has delayed the issuance of these legally m
MSNBC
Oct 5, 2012 8:00am PDT
. congresswoman, it's great to have you here. business pioneer jack welch basically calls these numbers into question. had this remark that he tweeted out earlier today saying, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. what do you say to that? even the white house though right now this morning reluctant to spike the football on this. in their statement saying it is critical we continue the policies that are building an economy that works for the middle cla class as we dig our way out of a deep hole. what is your response to those questioning the validity? >> that's really interesting because i happened to see one of those chicago guys last night. i was with david axelrod. i asked him what do you expect about the jobs numbers? he says, i really don't know. we're hoping it will be good. so, you know, it doesn't surprise me that romney supporters are now going to take this very good news for the economy and for americans and say somehow the books were cooked. they just cannot stand, and they haven't been able to tolerate any good news
CNBC
Oct 5, 2012 9:00am EDT
week, but we did get numbers mixed and consumer confidence is good and unemployment and yet, jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-end t
CNN
Oct 5, 2012 7:00pm EDT
are keeping them honest tonight on the program. the tweet that launched a conspiracy, jack welch tweeted this morning about today's jobs nurl, quote, unbelievable jobs numbers. the chicago guys will do anything. it is a huge claim that of course set the political financial world abuzz. we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commiss
CNN
Oct 5, 2012 4:00pm EDT
best two years in several decades during this recovery. >> you know, jack welch, the former ceo of ge, he tweeted this because he didn't believe these numbers. he tweeted "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers." now, there are others who are suggesting there was political influence over the bureau of labor statistics that are driving these numbers, trying to make the president look good only a few weeks before the election. you're familiar with the economists, the statisticians who work there. what do you say to these folks who see some conspirator yal involvement out there. >> that's totally, totally insane. i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in t
CW
Oct 5, 2012 12:00pm CDT
>>west nile virus is suspected in causing the death of a long- time chicago firefighter. good afternoon. i'm steve sanders. and i'm dina bair. we welcome our viewers who are watching us around the country on wgn america and on the web. there is a hard lockdown due to a report of an intruder in the building at indian trail jr high school. they said there was no indication this reported person was armed or dangerous. students are in their classrooms with the lights off. police are searching the building. all of the >> the loss is still sinking in. he had been out sick for over a week. co-workers were warned his condition was grave. >> it still takes time to comprehend. it is not going to sink in until we see him missing from his chair. >> sad reminder that he will never return to the job he loved. the 50 year-old dad last night after contracting the virus from a macedo likemosquito bite. >> when you see a guy like him who is as big as the house and as strong as a next, being bogged down by a mosquito bite it is shocking. it is heartbreaking to everybody. there is no doubt that is what he would have wanted. >> he has given his whole life to saving lives and property. he continues to give and care of people. >> his closest colleagues will put it up tomorrow morning when he would have showed up for work. his wake will take place on sunday and his funeral on monday. there is a hard lockdown due to a report of an intruder in the building at indian trail jr high school. they said there was no indication this reported person was armed or dangerous. students are in their classrooms with the lights off. police are searching the building. all of the students are safe. a bicyclist was hit and killed by a semi truck on the near north side. it happened just before 9 this morning on wells street in front of walter payton high school. police say a male bicyclist was in the southbound lane and swerved to avoid an open car door. that's when he fell underneath the front wheels of the truck's flat-bed trailer. crews are still on the scene. we will keep you updated as more information becomes available. >>23 states reportedly received shipments of a steroid that have now been linked to a deadly meningitis outbreak. five people have died and another 35 have gotten sick from the infection. the rare type of meningitis involved is not contagious like more common forms. it is caused by a fungus often found in leaf mold and is believed to have been in a steriod injection used to treat back pain. so far, cases have appeared in tennessee, north carolina, florida, virginia, maryland and indiana. >>traces of the bacteria that causes legionnaires disease has been found inside schools in west suburban batavia. district officials say levels were low and students are not at risk. tests found the bacteria on faucets and showerheads at alice gustafson elementary, batavia high school, and hoover-wood elementary. no one has been diagnosed with any related illness. the schools remain open while cleaning is being done, but restrooms where the bacteria was found will be closed. more than 30 chicago alderman are calling for hearings into the possible closings of up to 120 schools. w-g-n's judy wang is live at city hall with details. >> he says he has learned about 100 schools may be targeted. he says he once administrators to come here to city hall to explain why. >> the list is growing. in favor of education committee hearings. >> i think we should force the hearings with the education committee. at the same time ask them to appear in front of us. we can start going over the list. >> there refused to a knowledge a school closing plan. high- ranking administrators told them that 80-120 underperforming or underutilized schools could closed. the resolution comes the same week teachers approved a four year $300 million deal. school closings at a retail. this will be the next big fight. >> and is on their hands. it is certainly not on our spirit if they would like to listen to us and make the community and the people who actually work in the schools a part of the process they might actually have a little bit more success. >> they say the public has a right to transparency. >> by having it transparent process of how they're going to close the school and how much money they're going to say if comic gives us a fiscal responsibility. >> a spokesperson released a statement that says we actively engage our aldermen on issues that impact families in the community. we have met multiple times with the aldermen and will continue to seek input and guidance. >> they decided to sign on and support the resolution because of a plethora of phone calls to the offices. >> negotiators failed to reach a contract agreement there is that. both sides have declined to discuss specifics of the situation. the next meeting is scheduled for october 10th. >>no school again today- for 18-hundred students in evergreen park at the teachers strike continue in district 124. the teacher's union says contract talks are getting nasty. after six hours of negotiations, both sides failed to settle the strike union representatives say: at one point a school board attorney had a screaming outburst. >> the mediator asked for a caucus. some progress was made. the school district offered some short-term relief from its proposal to tie teacher bonuses to student achievement. and union officials offered to compromise on health care. both sides will resume talks later this evening. a luxury sports car may be tied to the murder of a chicago area bride. twenty-six-year-old estrella carrerra was found dead in the bathtub of her apartment in burbank in may. she was still wearing her wedding dress. her new husband, arnoldo jimenez, is charged with killing her. last week, federal investigators found a bloodstained maserati in jimenez's brother's garage. they have not confirmed if it is carrera's blood in the car. he pleaded for probation but got prison instead. former blagojevich fundraiser william cellini was convicted of conspiracy to commit extortion in november. prosecutors say he attempted to shakedown a hollywood producer for campaign cash for rod blagojevich. cellini has had several health issues since his conviction. the judge considered that, when he sentenced him to one year and one day. cellni is due in prison on january 4-th. >>for the second time in a week, a coyote attack on a domestic dog was reported. both attacks took place near the western suburb of wheaton. in the latest attack a housesitter reported seeing a coyote with the home's bichon frise in its mouth. the coyote released the dog when it couldn't fit her through the fence. the dog suffered puncture wounds to her neck. this happened just a week after two other dogs were surrounded by multiple coyotes in their backyard. >>things are back to normal in streamwood at this hour, after a gas pipeline leak early this morning. irving park road between barrington road and park boulevard was closed as crews worked to fix the leak. it was reported sometime after 1 a-m this morning. the hissing of the broken pipeline could be heard for several blocks around the area. people living nearby were alerted through a reverse 9-1-1 system but no one had to be evacuated. >>still to come this midday. the latest jobs report is out with good news. unemployment levels dop to its lowest lever in more than 3 years. also ahead, the investigation into the shooting death of a u.s. border agent in arizona. whether or not it was a case of "friendly fire". and a little girl offers her entire piggy bank to get back her stolen puppy. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me this is new bayer migraine. 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[ female announcer ] he could be your soul mate. but first you've got to get him to say hello. new crest 3d white arctic fresh toothpaste. use it with these 3d white products and whiten your teeth in just two days. new crest 3d white toothpaste. life opens up when you do. >> he was killed tuesday in arizona. mexican troops took him into custody. they tracked them down in northern mexico and were allegedly carrying drugs and guns. at the moment they are not considered suspects. they're not ruling out the possibility that the ivy was killed by friendly fire. >>two suspects are being held in the killing of the u.s. ambassador to libya according to a news report out of turkey. a turkish broadcast station reported on its website, two suspects have been detained at the airport in istanbul. they are described as tunisian citizens who tried to enter the country with fake passports. turkish police declined to comment on the report. ambassador christopher stevens was one of four american who died when islamist gunmen stormed the consulate in benghazi last month. >>republican presidential candidate mitt romney reversed himself on a controversial comment he made during a private fundraiser. romney initially said his disparaging remarks about the 47 percent of americans who don't pay taxes, was "not elegantly stated." but asked in an interview last night, how he would have responded if the "47 percent" comment came up during the debate with president obama. romney replied that his comment was "just completely wrong." president obama never brought up the issue during the debate. >>former vice president al gore has an explanation for the president's lackluster debate performance. he says it was the altitude. gore made the comment on his 'current t-v' channel during a panel discussion. gore said president obama had arrived in denver the day of the debate and only had hours to adjust to the altitude. mitt romney had been in denver since monday... hence giving his body time to acclamate to the difference in oxygen intake at that high altitude. the city stands a mile above sea level. >>a little girl has been reunited with her puppy, after thieves stole the dog from her home. this is the scene outside marissa. home in san jose, california. earlier this week, thieves stole thousands of dollars in electronics and the family dog "meeko" from the family's home. ten-year old marissa was heart broken. she offered the entire contents of her piggy bank for the safe return of her dog. earlier today, a woman came forward. saying she found the puppy in an parking lot. and meeko was reunited with his owner. just ahead the scathing tweet from former g-e ceo jack welch about the obama administration and the latest jobs report. and later in lunchbreak. a healthy twist on fall comfort food. grilled lamb chops and a crisp asparagus salad. 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[car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? a big surprise for wall street. the economy added 114,000 workers last month. the real shocker is the unemployment rate. it fell to 7.8%. that is the lowest since president obama took office in 2009. mostly due to a big rise in part-time workers. former ceo of ge is accusing the obama administration of manipulating the jobs report for political advantage. they will do anything. they cannot debate so they change numbers. he plans to unveil his 2013 spending plan next week. the global food price will probably stay high over the next six months. after a drought in the u.s. and russia. taking a look at the market. stocks advancing today. live at the new york stock exchange. >>later the positive effects of technology on stress. coming up next. a preview of this weekend's chicago marathon. how thousands have been gearing up for months and the causes their running for. and live music this midday from alternative, blues rockers missing cats . pppp >> [music]s. m uuele úepq time for sports. the bears go for their third win in a row in jacksonville this sunday afternoon. the bear returned to practice yesterday, after beating the cowboys on monday night football. julius peppers sat out with an ankle injury. he's been limited with a sore foot, but he's still expected to play this week. brian urlacher and evan rodriguez also sat out. meanwhile, cornerback tim jennings was named the n-f-c defensive player of the month. he leads the league with four interceptions, along with 18 tackles and six pass break-ups >> i never doubted my athletic ability. i wanted to work on making plays and making the best opportunities. >>the blackhawks were scheduled to open the season in a week, but now the n-h-l has canceled the first two weeks of the season. the hawks will lose five games including three at home. the owners want the players to lower their split of three- billion dollars in revenue from 57- percent to 47- percent. no formal negotiations are planned, but current and former hawks are practicing in chicago three days a week. cubs president theo epstein addressed the team's disappointing season at wrigley field yesterday. he admits the re-building process will take awhile, but fans will be rewarded for their patience. epstein says alfonso soriano had an incredible year, but he remains a trade possibility. the cubs will focus on starting pitching in free agency, and epstein says he was impressed with the hard- nose play under dale sveum. >>look at that mini tornado. fans ran for cover. players kept playing. nobody was hurt. 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[ horn honks ] hey, honey. do we have life insurance? ♪ ♪ [ male announcer ] or visit fidelitylife.com to secure your family's future today. >>thousands of runners are gearing up for sunday's chicago marathon. and many of them- are running 26-point-2 miles for a cause. wgn's julian crews is live at mccormick place with details. julian? >> much has been said about the chicago marathon being an economic engine. witho out of town runners many come from around the world filling up hotels and restaurants. it is also an economic engine for nonprofit organizations. >> there are so many spectators at the chicago marathon. they're on the sidelines. they're cheering. when they see us wearing jerseys it helps build brand awareness. >> organizations here to help get the word out. there have runners letter-writing. they are raising pledge money. the health market their brand and get the word out about their organization. 20 percent of the 45,000 people that are in the marathon are participating with some sort of a charitable organization. many of these organizations are well established that there are also some grass roots organizations. there's a group here running for a fallen navy seal by the name of david jon larson. his loved ones have pulled together a memorial fund. he was also a standout soccer player in high school as well as college. they have created a memorial fund. they're donating money to word a soccer players that cannot afford to play soccer. they are donating money to the navy seal foundation. it is astounding to see multitudes of organizations. the chicago marathon has turned into a gigantic marketing platform for these groups. >>officials have already closed some streets near grant park in preperation for the chicago marathon. the race will go north to addison, west to damen, and then south to 35-th street. other street closings will begin sunday morning at 7. they'll re-open around 4-30. this year's marathon will start in two waves to help reduce traffic congestion. a sold out notre dame game at soldier field on saturday and the columbus parade on monday will add to traffic issues downtown. >> it is going to be cool. we've got to give them a chance. we are going to sit out of the race this year. we'll have to sit on the sidelines this weekend. it is going to be good running weather. it has been so hot in recent years five years ago the race had to be shut down because of the warmth. that will not be the case this year. what an interesting morning this has been. we've moved from summerlike weather to autumn like rather. weather. on the radar you can see how the rain elements are moving to the area favoring or seven suburbs and the city itself. the concentration of rain thins out is to get north. the ears eveningthere have been some heavy rains overnight from peoria across to bloomington. these are some weather about grain numbers. a half an inch at henry. here in the city mia 27 hundredths of an inch. it is only 44 after a day that saw a 80 degree temperatures. 46 at st. charles. these are november level temperatures. another shot of cool air. a big warmup expected to take place next week and forward. his friend went through yesterday. a wave has developed along it. the jet stream dives into the country. it makes its way north east. what the storm has done is to pull the cooler air down with all of this cloud cover with clear out later tonight. when that blanket goes the temperature is going to go right along with it. gale warnings on the lakes. this is quite a push of cool air. over the weekend saturday will be 17 degrees below normal. sunday will be 16 degrees below normal. the arctic has opened up. this will make it all the way down to the gulf coast. they will be happy for some relief from some of the war. here are the wind chills. here is the reading the morning. that will improve to about 40 during afternoon. this will be interesting for those running in the marathon. the wind chill will be in the mid- 20s. a thermometer reading in the upper 30's and low 40's. there are the current temperatures. the water temperature at 64. like michigan is down 13 in. from one year ago. the product of the drought. this is a 10 day forecast. here's a southwest flow that will warn moscow. m us up. look at the warmth developing. it goes zonal. that is an el nino pattern. we have looked at stats. about 9 70 degree days historically from this day forward. tonight skies clear out. just a chance there could be a sprinkle or flurry late tomorrow night. first mention of a snowflake anywhere close by this season. mostly cloudy this afternoon.l . scattered showers. west wind at 22 mph. upper 20s far west. the city will have about 40. november level chill tomorrow. sunday mybe a morning sprinkle. a high temperature of 50. good marathon weather. not a terrible wind like yesterday. enough for the runners to notice. >>time for today's trivia. what is the science of brewing beer called? a. zorology b. zymurgy c. zumology the answer still to come this midday! winning lottery numbers. winning pick 3 numbers. 569 pick 4 winning numbers. 71,9,3 mega millions 36 million dollars. get yourself a ticket.ñóxó÷?÷?@?@? ♪ ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. a new study found that free birth control may dramatically reduce the number of teen pregnanices and abortions. the study looked at more than nine thousand girls and women at risk for unintended pregnancy in the saint louis area. researchers found over three years, that both abortions and teen births were much lower than the national rate. they also found that most women prefer long-term birth control like implants, over cheaper pills. >>technology useful as it is can also be extremely stressful. in fact some in the tech community are calling it digital toxins now, researchers are trying use technology to reduce stress. it's as simple as gadgets that allow you to relax with guided imagery or deep breathing. but it's also evolving into sensors that can measure anxiety and depression. prompting people to do something to relax. one lab is designing a calming e-mail reader that organizes messages in a less frenzied way. lunchbreak is next. comfort food just in time for fall. we're making lamb chops and a healthy asparagus salad. i was once used for small jobs. and i took on all the bigger tougher ones. but with mr. clean's new select-a-size magic eraser he can take on any size job. at least we don't go near rex's mobile home as often. what are you, scared? 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[ male announcer ] new mr. clean select-a-size magic eraser. pqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpqpq in today's lunchbreak. american comfort food with a twist. grilled lamb chops served with asparagus salad. chris curren is the executive chef of stout barrel house and galley in river north. >>you have a whole list of beers. 20 beers on draft. yo pair thosu pair those with different foods. find tickets online. >>these are one of our fall menu dishes. we are going to sear these off. a nice hot pan. >>smelling so good. >>a little salt and pepper. to bring out some flaorvor with the meat. >>wonderful. >>we cans tart our salad. start our salad. >>we have some that we are going to put in there. >>kind of a peppery green. a poached egg. we are using a v inegarette dressing. i season with salt and pepper. just kind of adds to the flavoring. a nice pile of our greens and asparagus. on either side. this is a great fall salad. a little bit of shaved cheese. kind of like a spanish parmesan. we always like to put a little pepper on the eggs. we are going to garnish it with a little bit of pepper. >>we keep them going on all sides. kind of let them roast. >>usually i do it in an oven. so the heat surrounds it. >>we decided we wanted to make something kind of like. >>a cucumber yogurt in dill sauce. >>some cucumber slices. we are going to roll these up. place those around. it is a presentation. get and some ideas of what to do. >> we talked earlier about that dinner. we're going to have information on our web page. it is tuesday october 16th. you can get 4 courses paired with 4 beers. go to our website we will link you right there. we will also have the recipe. it looks delicious. >> our for lamb chops that we have cut in half. we have some pickled red onions. time now for the answer to today's trivia question. we asked: what is the science of brewing beer called? a. zorology b. zymurgy c. zumology the answer: b: zymurgy is actually the chemistry of fermentation, which is the basis of beer making. >> have a couple of showers. they are coming and going. we think this system will pull out and give way to our northwest wind tomorrow. toward the end of this forecast we are up to monday the southwest wind pumping warmer air into the area. these are current temperatures. we have a 64 degree like water temperature. low for ragweed. cooler air coming this weekend. warmth out to the west that will come in. there will be a land breeze along for our marathoners. there are the high temperatures today. back up to the mid 40s low 50s tomorrow. 9 more 70 degree days, is what history tells us. still room left to get some nice warm weather. the weekend will be a cool one. partly cloudy for the most part. stay warm. we will see you next week. have a great weekend. >>hope you have a great afternoon. cats.
ABC
Oct 5, 2012 6:30pm EDT
>>> this is "world news." tonight, breakthrough. jobs increase, unemployment down. back where it was four years ago. the president, fired up. >> unemployment rate has fallen to its lowest level since i took office. >> but what does this really mean for the election and the country? >>> a massive emergency response. tonight, patients calling in, worried they've been injected with meningitis. what it's like to wake up today and wonder if it's you. >>> the sting. brian ross showed you tsa officers stealing your things, right out of your bag. tonight, he gets action. >>> and -- >> bond. james bond. >> the women, the weapons, the wit. >> i think he got the point. >> 50 years after the first one hit the screen, we have a brand new message tonight from the very first spy we loved. >>> good evening. we begin tonight with american jobs. and a number we have not seen in nearly four years. unemployment, now 7.8%. a surprising dip, dropping after 43 points above 8%. 114,000 new jobs added last month. and with it, 32 days now until the election. and your voice, your vote. abc's david muir is here with us, right now. david? >> reporter: great to see you in person, diane. not only were the jobs numbers a welcome sign for the americans lucky enough to get those jobs, they were very welcome by the president today, fighting to keep his job. and after that debate performance this week, tonight, that spring in his step is back. bounding up to the podium, the new jobs numbers were more than just a economic jolt, they were a political one. today, the president in the battleground of virginia. >> this morning, we found out that the unemployment rate has fallen to its lowest level since i took office. >> reporter: hours later, in the battleground of ohio. >> it's a reminder that this country's come too far to turn back now. >> reporter: today, after nearly four years of unemployment above 8%, what economists called a sharp drop. down to that 7.8%, a psychological benchmark, broken. and a boost for the president, just days after his disappointing debate performance against a challenger who came ready. >> but you've been president four years. >> reporter: for months now, central to mitt romney's stump speech, his lacer focus on unemployment above 8%. >> 40 straight months. not been below 8% for 41. 42. 43 straight months with unemployment. >> reporter: and just as romney travels to florida this weekend, a message from florida's republican governor before romney arrived. the governor tweeting about huge economic gains there. tampa, st. pete, clearwater and miami area experienced largest unemployment rate declines in the country. a tricky balance for the country, arking voters change course amid an improving picture. romney emphatic it is not going quickly enough. >> the reason it's come down this year primarily due to the fact that more and more people have just stopped looking for work. >> reporter: but economists say in this jobs report, that's not entirely the case. some have dropped out, but there's been a surge in the number of baby boomers retiring. and there was more hiring in recent months than first thought. and romney working to win over voters who are out of work. now offering this about those comments he made about the 47%. the americans, he said, he doesn't worry about, those he said he can't convince to take personal responsibility. >> clearly, in a campaign with hundreds if not thousands of speeches and question/answer sessions, now and then you're going to say something that doesn't come out right. in this case, that's just completely wrong. >> reporter: now, all day there's been chatter among well-respected names that this number now below 8%, just weeks before the election, is, well, suspicious. i asked the romney campaign late today if they believe the numbers are legitimate. one key adviser said they'll leave the speculation to others, that, quote, we'll deal with the numbers, diane, as they've been reported. >> david muir, glad to have you back in from the campaign trail. >>> and amid those questions being asked, we decided to track down some answers. abc's jonathan karl spent the day looking into these new numbers and what they really mean. >> reporter: as soon as the new 7.8% unemployment rate was announced, rush limbaugh and other conservatives said the white house has cooked the books. even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the rate for more than 70 years. all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a complete secret. >> reporter: before the release, they are literally sworn to secrecy. the white house doesn't see their work until it's done. and tom keeps the report in a safe in his office. you've been working here more than 20 years. have you ever had a situation, or heard of a situation, where somebody at the white house calls, says, hey, can you move the number a little bit? >> absolutely not, has never happened. >> reporter: could it happen? >> a lot of people would be leaving this building if it did. it would not happen. >> reporter: today, the american enterprise institute, a prominent conservative think tank here in washington dismissed suggestions that the white house interfered with the unemployment number, saying talk like that, quote, should be confined to crazy town. diane? >> all right, jon karl reporting in from washington. >>> and there will be a lot more on all of this, sunday on "this week," george stephanopoulos will break it down with bill o'reilly, james carville and mary mat lynne. >>> and we turn next to the new clues in the mystery surrounding the death of the u.s. ambassador, chris stevens, and three other americans in libya. there is a report that two men from tunisia were held for questioning in turkey. and abc news has a provocative document tonight. it is a request from the americans on the ground in libya for help with protection. it raises the question about the state department's response and abc's jake tapper shows us that document. >> reporter: the members of the u.s. military serving as security support team at the u.s. embassy in tripoli, libya, wanted to keep a small airplane in the country. according to a government source, that was so the team, changed with providing extra security at diplomatic posts, could travel around the country along with their weapons. but state department officials in washington denied that request, according to a may 3rd e-mail obtained by abc news. copied on the e-mail was u.s. ambassador chris stevens, later killed in a terrorist attack on the diplomatic post in benghazi on september 11th, along with three other americans. an attack that has prompted a house oversight committee hearing on whether diplomats in that country had adequate protection. >> we need to operate in a country like libya with erring on the side of security. >> reporter: the dc-3 plane had been sent from iraq for use by the americans in libya at a time when there were no commercial flights in the country. >> we provide these kinds of services in places where there isn't a commercial airline service in place. >> reporter: but security in the country began deteriorating, with armed gangs, militias and mill tapts. >> there was a constant flow of various and disturbing and escalating security threats that were causing people on the ground to say, "this is not getting safer, this is getting less safe." >> reporter: even after commercial flagts began, the security report team requested that the plane remain in libya. but under secretary of state patrick kennedy, denied the request, and the state department maintains the decision has no bearing on security. this evening, the state department issued a statement, calling this plane issue irrelevant to the issue of what happened at benghazi and there's no evidence that had the plane been there, any lives would have been saved, but critics suggest that the denial by the state department reveals a mindset that was not on top of how bad things were getting in libya and not on top of the security needs of the americans in that country. diane? >> all right, jake, thank you so much. >>> we move onto a new report tonight about that shootout near the mexican border this week. the one that killed a u.s. border patrol agent. sources now say they suspect that agent, nicholas ivy, was killed by friendly fire. authorities tell abc news ivy and two other american agents, one of whom was wounded, may have accidentally fired at each other in the dark of night. the agents were reacting to a motion sensor that sounded an alert in the arizona desert. >>> and we turn to the growing outbreak of meningitis tonight, contracted there through that common ready for back pain, steroid shots in the spine. today, we learned there are now 47 cases across seven states, at least five deaths. and a lot of people are wondering if they need to be frightened, too. hundreds of calls pouring into health clinics and hospitals. abc's chief medical editor dr. richard besser has answers. >> reporter: millions of americans get these steroid shots for back pain every year. and today, the fears of tainted injections. >> scared. you don't know what to do now. >> reporter: so, hospitals like this one in tennessee are tracking down hundreds who may be at risk. >> and, you do have several symptoms listed on here. >> reporter: the cdc has opened their emergency operations center today to deal with the outbreak. more than 17,000 vials of the drug were shipped. some contaminated with a fungus that goes into the spinal fluid, up to the brain, and causes a rare formal of meningitis, whose symptoms is look like a stroke. >> to have a shot, six days later, you are fighting for your life. >> reporter: health officials tracked the problem to the new england compounding center in massachusetts, which has closed down operation. there are more than 7,500 compounding pharmacies in the country. they make 1% to 3% of all prescription drugs. and they can be lifesavers. custom mixing their treatments for customers with special medical needs. but they operate with little federal oversight. >> this sort of contamination of material from a compounding pharmacy has happened before. these compounding pharmacies are not under the rigorous regular supervision of the food and drug administration. >> reporter: and now, patients in pain worried about what to do next. >> i'm not just concerned for me, i'm concerned for many. >> it is oa tense time. what do you do if you need the shot now? >> reporter: thankfully, this was all recalled last week so, if you are in this kind of pain, go ahead and get your treatment. but if you got one of these injections since july, visit our website, see if your clinic was involved. if it was, call your doctor to see if your drug was part of the recall. >> all right. go to the website, check in with dr. richard besser. thank you, rich. >>> and coming up, we showed you tsa steaming your personal items as you go through security. abc's brian ross exposed the story and he's back tonight with a giant new crackdown. abc news gets action, next. especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> last week, brian ross brought us that groundbreaking investigation, showing tsa officers taking ipads, cameras and other items from your bags at the airport. thousands of you responded after seeing it and tonight, there is action. abc's chief investigative correspondent brian ross, following up. >> reporter: the tsa is now being asked to do the same thing across the country that abc news did in ten airports, testing the honesty of checkpoint screening officers. traveling incognito, abc news producers left behind ipads at airports with a history of tsa theft to see what would happen. nine out of ten were returned. >> i believe you lost your ipad with us when you flew out today from delta. >> reporter: but a tenth ipad was tracked as it moved 30 miles away, to the home of a tsa officer, andy ramirez, who blamed his wife for taking the ipad. >> i'm so embarrassed. my wife says she got the ipad and brought it home. >> reporter: ramirez has since been fired by the tsa. and senator chuck schumer wants the tsa to see if there are more officers still stealing. >> and the best way to find them is by random sting operations. >> reporter: the tsa says it has done some stings but only after specific reports of problems. one led to the conviction of this tsa officer in kona, hawaii. dawn keka, who was caught taking $200 in cash out of the backpack of an undercover agent, posing as a japanese tourist. senator schumer says the tsa needs to conduct such stings system-wide. >> so you can find the people before they steal or right at the beginning, if they're stealing. >> reporter: and convicted tsa thief pythias brown told abc news that tsa still has not done enough to make it harder for people like him to steal. including screening the scree r screeners when they leave their shifts. any kind of a search of the bag? >> no, they never searched our bags. they never searched us. nothing. >> reporter: that's something the tsa is being asked to correct by senator schumer. in written statements, the tsa says the vast majority of its officers are honest, hard working individuals and that the tsa has a zero tolerance policy for theft. but again today, as it has for weeks, the tsa turned down our request to interview the agency head, john pistole, or anyone he would designate, diane. >> all right, brian, but the pressure is on. thank you tonight. >>> coming up next, the story in that tv anchor, criticized for her weight by a viewer. we track down that viewer. >> do you think you're a bully? >> we'll tell you what the anchor is now saying tonight. 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[ male announcer ] humana. >>> and a picture in the news tonight. the best streets in america, as voted by city planners across the country. here is one. wall street, but not the one in manhattan. the one in upstate kingston, new york. there it is. most of the top ten were small town streets. shaker boulevard in cleveland, deval d duval street in key wet. the only big street? fifth avenue. >>> and a person in the news, royce white, the first round draft pick of the houston rockets. the trouble is, he has an intense fear of flying. he missed the first day of training camp because of it. he's offered to take a bus to away games and says he's seeking treatment for his anxiety. >>> and our quote of the day is, apology accepted. that is what jennifer livingston said today. she is the local news anchor criticized by the viewer who e-mailed her, saying she was not a role model for young girls because of her weight. and that e-mail, her bold response, went viral. >> so, you know nothing about me, but what you see on the outside. >> well, abc news finally tracked down the viewer who wrote her, kevin krause. and last night, he told us, he never meant to hurt her. >> i truly apologize to jennifer. that's the last thing i ever wanted to do. >> he says he's no bully, just a, quote, working stiff, who once had a weight problem of his own. and, by the way, the anchor, livingston, saw our interview and decided to close the chapter, saying, she's grateful for his apology. >>> and, coming up -- >> bond. james bond. >> on this 50th anniversary of james bond, which is the most memorable scene of all? what's your vote? and we have a new message from the bond who started it all. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin ' with diabetes and is not recommended to treat diabetic ketoacidosis. do not use levemir® if you are allergic to any of its ingredients. the most common side effect is low blood sugar, which may cause symptoms such as sweating, shakiness, confusion, and headache. severe low blood sugar can be serious and life threatening. ask your healthcare provider about alcohol use, operating machinery, or driving. other possible side effects include injection site reactions. tell your healthcare provider about all medicines you take and all of your medical conditions. get medical help right away if you experience serious allergic reactions, such as body rash, trouble with breathing, fast heartbeat, or sweating. with flexpen®... say good night to vial and syringe. ask your doctor about levemir® flexpen. covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. i have a cold, and i took nyquil, but i'm still stubbed up. 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[ female announcer ] live the regular life. phillips'. ♪ >>> listen up. that is the brand new song for the new bond movie, sung by adele and just released today. and, it is hard to believe it is 50 years since the first james bond appeared on the screen and introduced movie go-ers to a whole new kind of rogue hero. 22 movies later, we decided to look back, with the man who set the standard, sean connery, our "person of the week." >> bond. james bond. ♪ >> sean connery, of the extravagant eyebrow. and what he says is the secret behind every seductive, dangerous move. >> the essence of it, for me, was always to make everything look easy. simple. i don't go to any trouble. to be able to do the dance. >> reporter: he is the man who gave us the most popular hello in any bond film ever. >> who are you? i must be dreaming. >> the man who introduced a whole new way of looking at a laser. >> do you expect me to talk? >> no, mr. bond. i expect you to die. >> not to mention all the technology that seemed impossibly sci-fi then. and from the moment he appeared, every man imagined they had a little bond inside them, too. >> so many people identified with somebody getting away with all these dollies. the food and a matter of killing, well, you were licensed to kill. >> but in fact, the mythic action figure -- >> i think he got the point. >> was constructed by a kind of committee. the real connery was born in poverty. his mother, a housekeeper. he quit school when he was 13. not only did he change, he changed us. before bond, gin was the number one drink. after him? vodka martinis. >> medium dry martini, lemon peel, shaken, not stirred. >> vodka? >> of course. >> and after he left, so did the cloud of smoke. it won't come again. and so did all that chest hair. chest hair then and now. daniel craig says every single bond who has come and gone and come and gone knows at the end of the day, they owe it all to him. >> it's the lone hero. and it was sean and it was this magnificent man who, that's the person everybody, every male wanted to be. >> today, connery is age 82 and knows it's always a time when you can use a little trip -- >> oh. >> into fantasy. >> soldiers, sailors, fat guys, thin guys, all the guys, younger guys. i still get stuff sent to me and, you know, notes, sexiest man alive and all that stuff. my name is bond. james bond. >> and so we choose sean connery and we asked if he would send us a message today and he did. and here is what he told us to tell you. "i'm sitting here, reading a great book, thinking how happy i am that someone else gets to keep mi-5 safe. cheers." thanks for watching. we're always here at abcnews.com. "20/20" later. and do not forget, david muir right at this desk over the weekend. see you monday.
CNN
Oct 5, 2012 9:00am EDT
>> we'll keep talking about it this morning. of course, christine, you've been all over that this morning. i want to remind everybody to tune in this weekend. my new documentary "latino in america: courting their vote" sunday 8:00 pm eastern and airs again at 11:00 pm eastern. "cnn newsroom" with carol costello begins right now. have a great weekend. hello, carol. >>> good morning to you. i'm carol costello. breaking news on the economy. new jobless numbers are in. guess what? the unemployment rate is now below 8%. so let's had head straight back to new york. christine romans is there to break these numbers down for us. good morning, christine. >> good morning, carol. 7.8% is the unemployment rate now, fell from 8.1%. and 114,000 jobs were created in the month. carol, there's another number here, 86,000. that's how many jobs were added in july and august that government auditor didn't notice in the beginning. they revised their numbers. actually, july, august were stronger than expected to the tune of 86,000. 7.8% unemployment rate. what does that mean? the best since january 2009. when we dig within these numbers, carol, we can also see that some 418,000 people entered the workforce in the month. they are feeling a little more confident about things. either that or they've been out of the workforce for so long they've got to try to get in and get a job. you've got more people coming into the workforce. overall, 114,000 jobs created. they were in health care, transportation and government jobs. government jobs, three months in a row now. we've been seeing government layoffs for many, many, many months in a row. government jobs, transportation warehousing and we've been seeing -- everything else is pretty much flat in terms of job categories. the headline, carol, 7.8% is the unemployment rate. one more jobs report until the election. >> okay. so the political implications of this already coming in. in fact, we just got an e-mail from conservatives. this is what they're saying, christine. conservatives are challenging the legitimacy of the labor department number. can someone explain how the jobs added up right where economists were projecting and yet the rate fell to below 8%? also jack welch, the former ge guy. >> yep. >> he's tweeting this morning and saying, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. i mean -- so is it possible the labor department is lying or has changed these numbers in some way? >> look, these numbers are often revised. usually when you have a vibrant growing jobs market a revision of 86,000 doesn't make any difference at all. you have much more jobs being created. we don't have that right now. in terms of why the two numbers are different, there are two different surveys the government does. hou household survey where they ask people whether they're employed and a company survey where they ask companies how many people are employed. those are two different numbers. so that's why you have the number of jobs created or lost and the jobless rate. that's the technical data gathering reason. as for -- look, you'll hear conservatives say either they don't trust these numbers or they're going to say, look, 114,000 is the important number to look at here. that's not good enough. it is not good enough. you need 150,000 just to keep up with new people in the workforce. anybody crowing about 114,000 job sincere wrong. you'll have liberals and progressives saying 7.8%, thank goodness. people are entering the workforce, going in the right direction. there's something in here for both sides to take on politically. >> okay. we'll talk a lot more about this in the next two hours of "newsroom." as the day rolls on, president obama and mitt romney will likely spin those numbers, romney likely to say that the president's plan is not working and the president likely to say my policies are working. it just takes time to heal this economy. underemployed and still struggling, under their mortgage. part of our middle class talk back. welcome, moira. >> good morning, carol. >> we make a big deal of these numbers every month. do you pay attention to them? >> yes and no. i'm actually tired of the pundits tell iing me what to thk and what's going on with the numbers. i just want the employers to start hiring. what i've heard out there is that there are jobs, but being a part of the underemployed or the ones that are really trying to find something a little bit more, the challenges, it's taking months and months of interviews and waiting. and i'm just so frustrated that it's -- >> so this 7.8% unemployment rate, does that affect you at all? does that do something psychologically for you that says, oh, my goodness, the economy is getting better? >> no. no. it says that, you know, it's still challenging out there. there are hundreds of people applying for the same jobs. you're struggling to get in the door. the challenges that hr departments out there are being told we're not sure if we can hire that person. we're not sure if we can give that person benefits and maybe they should come in as a contract. and i feel like i want to say to employers, come on, you guys. just get in gear and be in action. don't wait for grease or for the election or for whatever to make a decision to hire people. just do it. >> moira, i know you're a democrat. you voted for president obama last time around. these numbers, combined with president obama's debate performance -- have you changed your mind about the president, in support for the president? >> i have not change d my mind. i do still support the president. he really had an off night the other night. and governor romney did a good job, for what he needed to do. but i also went the next day on to fact checker and looked at the reality of what they both said. and there was discrepancies on both sides. you know, more discrepancies on romney's side. so i don't trust governor romney. i trust the president a lot more than i trust governor romney. >> okay. we're going to talk a lot more about this in the story, moira, but i'll ask you right now, that 47% remark that mitt romney made with that secretly recorded videotape, he came out and said i didn't mean that at all. it was a mistake. never mind. don't pay attention to that. does that resonate for you? >> i'm so glad you asked that question, carol, because in the past 14 months my husband was unemployed. he just got a temp job tuesday. and we were dependent on that unemployment so that we wouldn't lose our house. we don't have health care, so we had to go to social services. you know, there was a lot of things that we needed help on. so i was part of that 47%, but i'm telling you, i was not a victim. and i was ticked off at governor romney on that comment. >> and his latest comments don't make you any less ticked off? >> it's just so frustrating, you know. >> i know. >> i'm just -- yeah. >> moira binder, thank you so much for being with us. we appreciate it, as always. >> thank you, carol. >> our political guy is in the house right now. are you going to talk about the reaction that conservatives are having to the latest job numbers, paul? >> i wish i could bring you new reaction but i don't have it yet. they're probably, as we speak, trying to put together reaction to these numbers. it's been a criticism of the president because the unemployment rate was above 8%. you've heard mitt romney and other republicans attack the president saying that rate was above 8%. it is no longer above 8%. i think that number is important. what you may hear republicans attack the president on these numbers, as christine romans was just telling you, not enough jobs. only 114,000 jobs created. more than analysts predicted but probably not the number needed to reverse course and really kick-start this economy. we will see probably in the next few minutes reaction from the romney campaign, other republicans and i'm sure you'll hear the candidate himself, the former governor, talk about it on the trail today, carol. >> we've heard a familiar criticism. conservatives are already reacting to the 7.8% unemployment rate saying, these numbers are wrong. they're just wrong. we don't believe them. how can they be? and this has been sort of a -- it's become a familiar tactic. >> are you talking about that tweet, i guess, from jack welch, talking about maybe the obama campaign was cooking the books. i don't know how those numbers work. i really can't comment on that. there has been criticism in the past of the polls and of this listen, when the things aren't going your way, numbers aren't going your way, be they poll numbers or jobs numbers, maybe -- you know, this is a reaction. i don't think you're going to hear that kind of talk from the romney campaign themselves, though, carol. >> you'll join us later to tell us. i'm sure there will be quick reaction that will come in a few minutes. paul steinhauser, thanks f. you're one of the americans out there still looking for a job, this is for you. we wanted to end this segment on a bright note. alison kosik is taking a look at who is hiring for the biggest shopping season of the year. good morning, alison. >> good morning, carol. many areas are actually hiring. look at the september jobs report. health care added 44,000 jobs. and that's not a huge surprise. that's an area that's considered recession proof. health care added actually more than 300,000 jobs over the past year. it's not just been hospitals. you look at ambulance services, too. not just there. transportation and warehousing, additional 17,000. even financial industry, which has been hit really hard added another 13,000. now, another area that didn't make the top five list of sectors hiring in september but will in the coming months is retail. and that's because of the holidays. a bunch of these big box stores will be hiring by the thousands. that's what they've announced. they include target, macy's, kohl's, hiring for sales associates, distribution centers and stocking. many of them are hire iing more people than they did last holiday season. they're hoping, as consumer confidence picks up and gains momentum, the hope is so will spending. they're going to need people on the other side to actually take those sales in. carol? >> so what happens when the holidays are over? >> that is the big question, isn't it? some of them actually hire some of these part-time people full-time with target. target has a 30% retention rate, means it keeps 30% of the workers on after the holidays. not sure if these are full-time jobs or part-time jobs but jobs nonetheless. toys "r" us keeps 14% of the job hires as permanent. you look at it this way. get into part time during the holidays. you've got to get in there. prove yourself. better shot of getting a job than maybe not trying. some sources are saying they actually started hiring back in the summertime to get ready for the holidays as well. target says it's going to be hiring through december, but others are going to finish earlier. go ahead and grab those resumes and get out there. carol? >> advice taken. alison kosik, live from the new york stock exchange. a bit more on those economic numbers. the psychological factor is important here, unemployment rate dropping below 8% to 7.8%. let's talk to steven moore, economics adviser for "the wall street journal." he he joins us now. good morning, steven. >> good morning. >> is this great news, good news, not so much news? what is this? >> probably doing a little jig over at the white house right now. there's certainly good news for the white house, coming off a bad debate. these are pretty good numbers. the fact that for the first time in over 40 months we now have an unemployment rate less than 8%. one interesting thing about these numbers that people might be a little confused about, officially the economy gained about 115,000, 120,000 jobs, which is so-so. you look at this other survey that we do of households and that found a gigantic gain in jobs something like 750,000 or 800,000. as economists, we're trying to figure out why the big discrepancy in these two numbers. the reason we call it the headline number, the unemployment rate, that will be the headline tomorrow, unemployment less than 8%. >> i have to ask you this. jack welch, conservative guy, came out and said unbelievable jobs numbers. these chicago guys will do anything. is there any reason for any of us to believe that these numbers might be wrong or cooked or -- >> well, it's a good question. first of all, the most important number is going to be the one that comes out 30 days from now. remember we have one more unemployment rate, unemployment picture that comes out the friday before the election. so that will obviously be the most important one in terms of the outcomes of who wins this election. but, yeah, this was generally a pretty good number. i want to go back to that point. we still have this wide diversion in these two reports in terms of where the employment picture is. one other statistic, if i may, that's not so rosie is when we look at the broad rate of unemployment, which includes people who can't find a full-time job and we include people who have dropped out of the labor force because they've just become discouraged, that number is still 14.7%. that's still a very high number and very economically troubling. >> we just heard from one of those people, moira binder, exactly the kind of person you're talking about. there are other bright notes in the economy. housing values are up. >> yeah. >> for example. you heard alison kosik just say that retailers plan to hire 6,000 people during the holidays. these things are good, too, right? >> you hit the nail right on the head. with the housing issue. because when you think about it, what have we got right now? record low interest rates. you can now get a 30-year mortgage for less than 4%. you've got housing stock, you're finally starting to see new houses being constructed. so i think the housing picture is pretty positive right now. and, by the way, when people start to build houses and buy houses, that means more jobs for people in the construction industry, people in the real estate industry. given the fact that we've been on a five-year depression in housing, there's some real rays of hope here. >> stephen moore from "the wall street journal," thank you so much for joining us this morning. we appreciate it. >> thank you. >> the romney campaign and the white house sure to speak up on these new jobs numbers. we'll take a look at how they might spin it this morning. 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[ female announcer ] charmin ultra soft is so soft you'll have to remind your family they can use less. charmin ultra soft is made with extra cushions that are soft and more absorbent. plus you can use four times less versus the leading value brand. don't worry, there's plenty left for you dad. we all go. why not enjoy the go with charmin ultra soft? >>> it is 17 minutes past the hour. we'll continue coverage of our top story, the jobs report. >>> first, a look at other news. an american opened fire in the red sea resort city of eilat. forces responded, killing the gunman. they say he had been laid off from the hotel staff. >>> traveling to arizona today to express her condolences to the family of border patrol agent. nicholas ivie was shot to death responding to a border sensor that went off. two men found near the border have been arrested found with drugs and guns. >>> pat summit says she felt forced out of tennessee after her diagnosis of early onset alzheimer's. summit's revelation came in an affidavit filed with a lawsuit by a former colleague against the university. back in april, she announced her retirement, saying she felt it was time to step down. >>> the cdc says more people have been linked to fungal meningitis infections. patients in 23 states could have been exposed to tainted medications. five people have died. 35 have gotten sick. now back to our top story, breaking news story. jobs report shows 114,000 new jobs added to the economy in september. the unemployment rate has fallen to 7.8%. presidential campaigns are expected to jump all over this. and there's only one more jobs report before that november election. brianna keilar, our white house correspondent, joins us now. have we heard from the obama camp yet? >> we haven't yesterday. we're expecting first to hear from the white house. that should be pretty soon. then we're expecting that the obama campaign will follow. that's just sort of the way they do things. it's interesting. we haven't heard a lot of official reaction also from congress. and that tends to happen when something is unexpected, if it's worse or if it's better than projected by economists because a lot of offices, both democratic and republican have press releases already in the can. they're sort of rewriting them to adjust to whatever the reality is when the numbers come out at 8:30 on this friday. so this will be a positive for president obama in that these are the lowest numbers since president obama came into office. and also getting over kind of that mental hurdle of 8% unemployment. no president has won re-election with unemployment being at 8%. but as you mentioned, there is another jobs number and that's going to come out the friday right before election day. so we'll be keeping an eye on that. this is good for president obama. is it great? no. these numbers aren't booming. you look at july and august, they were revised upward. this is sort of a ray of hope the president can point to. when we do get reaction from the white house and the obama campaign, we'll expect for them to say, carol, what they say a lot of times, which is things are heading in the right direction. they're not heading there fast enough. we'll be hearing some of that today. >> they're not going to spike the proverbial football, not just yet. brianna keilar, thank you very much. >>> remember mitt romney's infamous 47% remark at a private meeting with fat cat donors? on the secretly recorded tape, romney pretty much wrote off nearly half of americans saying they're in the bag for obama because they rely on government handouts. >> there are 47% of the people who will vote for the president no matter what. there are 47% who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to -- you name t it's an entitlement. and government should give it to them. and they will vote for this president no matter what. >> as you well know, romney took a lot of attack for that blunt assessment and said yes, the words were inelegant but he said they were also true. >> it's a message which i'm going to carry and continue to carry, which is, look, the president's approach is attractive to people who are not paying taxes because, frankly, my discussion about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> but last night, romney had a complete about face. now he is denouncing that remark all together. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president, it will be about helping the 100%. >> cnn political editor paul steinhauser joins me now in washington. romney chose to clarify his remark on fox. no accident there perhaps. >> he was doing an interview there last night with his running mate, paul ryan. i think what you heard last night was the answer mitt romney would have given in the presidential debate wednesday night if he had been asked by president obama or the moderator about it. they were prepared to talk about the 47% number controversy in the debate. the president never brought it up. it didn't come up in the debate. last night on fox he was asked by sean hannity, what would you have said, were you asked. that was the answer. it's not an about face, they say. actually his comments are pretty close to what they've been saying since the controversy first came about. you heard had him in those comments. you heard talk of him being president of all 100%. that's something he said for a few weeks. >> he never totally rejected what he said in that secretly recorded tape. his camp is now saying that his thoughts on the 47% remark are consistent? >> they're saying it isn't very different from what he has been saying all along. the words you played sound to me to be a little different than what he said in the past. those comments are from september 17th in that impromptu news conference in california right after the controversy first broke. carol? >> in the light of the changing or not changing comments of the 47% remark, the president was on the campaign trail yesterday. he says romney is guilty of reinventing himself. listen to the president. >> when i got on the stage, i met this very spirited fellow, who claimed to be mitt romney. but i know it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. and yet the fellow on the stage last night, who looked like mitt romney, said he did not know anything about that. >> so, of course, paul, democrats are saying, who was that guy during the debate? that point aside, will this new message resonate? >> you saw a lot of energy for the president in both those rallies. this is the theme coming from the obama campaign and the candidate himself, that mitt romney is maybe twisting the facts, that he's a different man, changed man, maybe moving to the middle. we just got reaction to the romney campaign on the unemployment report. the first line from their statement, this is not what a real recovery looks like. stay tuned, carol. >> okay. i'm sure there will be more later. paul steinhauser in washington. >>> after getting hit hard in the recession, we'll take you to indiiana, where one company is contributing to the comeback. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. 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this is big news. >>> the u.s. economy added 114,000 jobs last month and the unemployment rate fell to 7.8%. the manufacturing sector hit hard during the recession is contributing to that number. slowly making a comeback. manufacturing accounted for 16% of new u.s. jobs in the first seven months of the year. nearly double the sector share of the total labor force, which is 9%. one company doing its part to create manufacturing jobs is wheilan designs, which makes furniture for health care and automotive industries. ted rowland joins us. >> this is in elkhart, indiana. unemployment was about 18.5%, it's come down to about 8%. the problem now is finding workers. here in wheelan, they've added workers. you're still looking for more folks to fill position. >> right. we're looking for probably about 15 to 20 people for direct labor positions and about four or five on the administrator side, which which are mostly product specialists, salespeople, engineers, things like that. >> it's been difficult to find people? >> all over this county, it has been difficult. >> reporter: difficult. you would think, though, carol, they pay between $11 and $15 an hour, full benefits. 8% unemployment rate here. why aren't people beating the door down here? with the staffing company she has started called specialized staffing solutions. jacqueline, it's very interesting. one of the hurdles here, you have people on long-term unemployment that simply don't want to go back to work. >> yes. that's a hurdle. obviously, we have to celebrate some things here. employees that want to work and can work are working. that's the great news about our current unemployment rate. but the challenge is over the last couple of years, employees who haven't worked have developed a pattern and habit and it's going to take a little bit of time to get them back into the rhythm of going back to work. so there's a good percentage that that unemployment rate that we have that is due to the fact that employees, unfortunately, at this time don't feel that they need to go back to work. >> reporter: people, carol, are comfortable living in their parents' basements apparently and there isn't that drive to come back to work. that's being felt here in this county and jacqueline says she's talking to people around the country where there are jobs that have come back quickly, this is starting to be a problem. it's fascinating. one wouldn't think that. it's happening here in indiana, where people just don't want to come back to work for available jobs. >> that flies in the face of like what you think about hard-working americans. who are among the hardest working people in the world. >> reporter: yes. jacqueline did say that the bulk of that 18% that were out of work, first 10% were eager and willing to take any job. the problem is that all of that workforce has been absorbed from the airline, rv industry and other industryies here in this county. it's a real problem just here finding those workers for these jobs that are open. it's not that everybody is lazy here. the ones that wanted to go back to work went back lickety split. >> i'm watching the numbers on wall street here. started in negative territory. once the bell was wrung on wall street, take a look at that. >>> for more on the job market, including numbers on the unemployment rate, head to cnnmoney.com. they do great work over there and will help you understand what's going on. >>> running on empty. gas prices shoot up -- i mean shoot up. many stations shut down. what's behind this developing crisis and whether you will soon feel the pinch. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> many americans will be well advised to buckle up for rough weeks ahead. national average for unleaded is just under $3.80 a gallon. but in california that would be bargain basement. just under $4.49 a gallon. in many places the prices have crept above $5. that may not be the worst of it. the same refinery-related problems that are pushing prices up are also causing some stations to shut down completely. so let's take a closer look at what this means to california. and the rest of the country. cnn's paul vercammen joins us. >> reporter: this is one of the stations still open. this is rick laramor, putting the hose away. what's the verdict for you this morning? >> like i told you before, this is sticker shock for me. i'm kind of amazed. i went to three -- this is my third gas station this morning. i thought there was a mistake. and, you know, i'm -- yeah, i'm here. i'm at $60 for three-quarters of a tank. i'm shocked. >> reporter: and you just entered a new job. you were unemployed or freelancing for a while. how long is your commute going to be? all the way to disneyland? >> that's correct. from here in burbank that's a little under an hour drive at this time of the morning so -- >> reporter: how do you make ends meet with this? >> can i get back to you on that? i don't know. this is going to be tough. this is going to be a tough one. >> reporter: good luck to you. have a safe drive. rick has quite a haul here. as you saw, he spent $60 alone this morning. a lot of factors here, carol. california hit by what some people are calling that perfect storm. we had refinery shutdowns, a pipeline issue, power outages. of course, california, a lot of people forget this, but california has extremely high gasoline tax. it's almost 70 cents a gallon. all of it at play right here. and a lot of it laser folk youed on california, carol. >> is it likely those problems will spread across the country or will this be limited to california? >> reporter: no. they figure that this is pretty much limited to california based on, you know, what's happened here in this state. and as i said before, it's compounded because california has such a high gas tax as well. and that's why you're seeing these gas prices just sky rocket here. as i said at this station, which is opened, $4.61. up and down the street, as rick was pointing out, it's not uncommon to see $4.70 in this part of burbank for regular. >> i really felt for him. wow! thank you so much, paul vercammen reporting live for us from burbank, california. >>> markets are reacting to the jobs numbers this morning. the dow up just about 62 points. more analysis on what those jobs numbers mean when we come back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! 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[ male announcer ] humana. >>> 40 minutes past the hour. those new job numbers out today seem pretty good for president obama. it's his opponents that are getting to the microphone first to cry foul. in a statement the mitt romney campaign said that this is, quote, not what a real recovery looks like. christine romans is in new york. christine, there are also a lot of conservative groups centered around e-mails like this one, americans for limited government. this is a conservative group who say these numbers are just plain wrong and maybe have even been tampered with. i'll read you a quote from the e-mail i just got. it says it appears that obama has hired baghdad bob to calculate the unemployment rate. anyone who take this is unemployment report serious is either naive or a paid obama campaign adviser. and, of course, they're looking at the 7.8% unemployment figure and saying that can't possibly be right. >> oh, let me explain how this works. we explain this every month, actually. there are two surveys. a survey of households and a survey of companies and sometimes they show slightly different results, right? they are surveying two completely different groups, one of people who are getting a job and one people who are giving a job and not necessarily the same people in those same surveys all the time. here is something i want to point out to these people who are talking about baghdad bob at the bureau of labor statistics. where were they the day after the president's speech in charlotte when all the enthusiasm after his dnc speech was taken away by a lackluster jobs support, where were they the past three years when we've been pointing out this is a subpar economy. i will tell you this, carol. never in 20 years of reporting on labor department reports seen someone actually say that -- let me read the last thing that is so kind of -- oh, that the people working at the bls are paid obama campaign advisers. they haven't been acting that way over the past three years, that's for sure. these are economists who look at numbers, who look at them again, who revised them until you have a final reading. because the labor market has been in such distres really over the past four years, we've seen a lot of different revisions and weird movements because usually it's a dynamic and growing labor market that's pretty easy to read. it goeses up. when it goes down, you know exactly why. to throw politics in it is just silly. it's just silly, carol. >> it's disturbing because, you know, we can't be happy with any tiny little bright note in the economy. we all have to like wonder if it's true or -- and that doesn't help things either. for the economy to recover it's psycholo psychological in part, right? to run around saying the numbers are wrong, they're lying about the numbers. the economy is really, really, really bad, it's just like -- i don't know. it doesn't help. >> it's frustrating. what's frustrating about it, there's so much data out there. and we know that the labor market is not recovering the way it should and the way it has in the past. no one is disputing that. we know that 114,000 jobs is not enough to make everyone feel better about the labor market. we also know that people are starting to come into the labor market. 418,000 people entered the labor market and they're going to try. they're going to try to get a job again. unemployment rate fell to 7.8%. we know all this. it's just numbers. to fight about one little set of numbers in all of this, people are smart. people know you can take a look at all of it and that it still a complicated labor market. is it getting better and how quickly is it getting better? that's what we look at these numbers to tell us, not to fight about who to vote for. >> christine romans, thanks so much. >>> chilly temperatures could affect more than just the weather. it could have a big impact on several crops. what areas of the country could feel the effects the most. ♪ [ male announcer ] one in six. that's how many struggle with hunger in america. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big problem and it needs a big answer. this single scoop of gain gives more freshness than a whole box of this other stuff... and that much freshness is gonna take some getting used to... 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[ male announcer ] yep, it's amazing what a single scoop of gain freshness can do. and now get even more gain at a new lower price! ♪ at a new lower price! you're not just looking for a by house.yes you're looking for a place for your life to happen. >>> 47 minutes past the hour. checking our top storyies, bettr than expected jobs report. lowest unemployment rate since president obama took office. 114,000 jobs were created in september. the jobless rate stands at 7.8%, .3 drop since august. romney/ryan campaign released this statement. quote, this is not what a real recovery looks like. we created fewer jobs in september than in august and fewer jobs in august than july and we've lost over 600,000 manufacturing jobs since president obama took office. end quote. we're still awaiting a response from the obama campaign. >>> the calendar says fall. oh, but in colorado, scenes like this may have some people confused about which season they're in. meteorologist alexandra steele joins me now. i don't think anybody is ready for that yet. >> yeah, right? snowing in denver, colorado, today. two days ago it was 89 degrees. this came down. badger, minnesota, 14," angus, 8". grand forks and especially through the dakotas, too, that's where the cold air is in place. the moisture was in place. we have a freeze threat already. you can see temperatures in the 20s and 30s for highs. and how about windchills, coldest air of the season, feeling like 13 am in minot, 19 in bismarck. very clear delineation. coldest air of the season coming down. there's the warm air today in the southeast. as we head toward tomorrow, cold air pushes southeast even further still. 82 in atlanta. that's saturday. by sunday into the 60s. that's it. d.c., saturday, 78. by the time they get to sunday only in the 50s. upper midwest, especially minnesota and north dakota, the cold and snow is impacting two crops specifically. soy beans and corn. what we're seeing is this late harvest corn. of course, carol, this area has had such an incredible drought. worst drought we've seen in 50 years, adding fuel to the fire and making it even tougher for these late thanks so much. >>> american airlines still making repairs to the loose seats. we'll tell you how soda and popcorn might be causing the seats to detach in flight. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor about your medical conditions and medications, especially insulin, corticosteroids, or medicines to decrease blood clotting. talk to your doctor today about androgel 1.62% so you can use less gel. log on now to androgeloffer.com and you could pay as little as ten dollars a month for androgel 1.62%. what are you waiting for? this is big news. >>> if you're flying on american airlines today, you might want to check your departure time. dozens of american airline flights expected to be scrubbed as the troubled airline does more repairs on those loose seats. 50 flights were canceled yesterday. 44 are expected to be scrubbed today. the airline says the work will be done by saturday. and, of course, it is all because of the tiny locking bolt. there it is, that keeps the seats in place. cnn correspondent george howell is in atlanta. so, george, expect to us more about what exactly the problem is. >> well, carol, good morning. basically that is a lock and pin system designed to keep those seats to hold them down to the floor. now, we're hearing from american airlines and i want to put all this in perspective, we heard several things about what could be the cause of this problem. american is saying basically putting the blame partly on passengers, saying that it came down to this, came down to coffee, came down to spilled sodas, that accumulated into gunk into these systems and that caused the locks to go into the unlock position. that's first thing they're saying. that raises several questions like, why is this not happening on other airlines? but just two days ago, we heard from american and they said there were clamps that were put on backwards, twisted. that's what we heard from them two days ago. and we heard from the union. the union pointing the finger at outsourced maintenance work as the cause for this problem. so, clearly, you know, a bad week, a rough week for american airlines that went into bankruptcy and nearly a year ago. but you see this airline now doubling down on its effort to make sure it does not happen again. they already had checked 48 of the 757 jets. they're doing it again. and causing delays, 50 delays yesterday. 44 delays expected today. so that passengers like this woman who did not want to be identified, so they don't have to go through this again. take a listen. >> the seat flipped backwards. it was actually a complete nightmare. and so people were essentially on the laps of the passengers behind them. >> wow. so seriously, american airlines is now saying it is all because of spilled soda? >> partly to blame. that's what they say. and, again, carol, it raises the question why is it not happening on other airlines. but american says they're doing everything they can to make sure the planes are, you know, safe for people who are sitting, who expect to stay in row 12, so that they can keep the system going. >> george howell, many thanks. >>> red sox nation suffered through a miserable season. now bobby valentine pays the price. we'll hear from the fired manager next. u know that the single cap of gain gives as much freshness as a whole bottle of that other stuff? ♪ that's more than enough freshness to go around... unless you happen to be this guy. 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[ male announcer ] one in six. that's how many struggle with hunger in america. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big problem and it needs a big answer. >>> going into week five in the nfl, there were three undefeated teams. now two are left. st. louis knocked arizona from the unbeaten last night. rams quarterback sam bradford completed seven passes, but two of them were for scores. in the meantime, the rams defense was putting pressure on the cardinals quarterback, kevin kolb, he was sacked nine times. rams win, 17-3. the troubled tenure of boston red sox manager bobby valentine is over. sox fired valentine. he was brought in to restore order to the clubhouse after last season's fried chicken and beer debacle. but didn't work out. beyond valentine, the red sox were plagued by injuries this year and wound up with their worst record since 1965. valentine went biking after learning his fate. >> the ownership of this team is terrific. let me tell you, john henry flew up from florida to make sure he was here in person, you know, to be with me and us today. and, you know, tom and larry, no one cares more than them. and i think they're doing what they think is the right thing to do for the fans. because this wasn't acceptable. i get that. >> baseball's playoffs begin today with first ever wild card games. win or go home. in the national league, the braves host the cardinals, first pitch 5:07 p.m. eastern. the al game 8:37 p.m., orioles at rangers, both on tbs. >>> orlando cruz has come out as first openly gay professional boxer. he's the fourth ranked featherweight in the world. he has two reasons for his announcement being true to himself, and being a better role model for young fans. and that's a look at sports this morning. >>> the next hour of "cnn newsroom" begins right now. happening now, california running out of gas, the highest prices in the country, nearly 6 bucks a gallon in some places. now some gas stations are completely shutting down. >>> big numbers, big surprise in this morning's unemployment report. with just a month before the presidential election, is this a potential game changer. >>> new revelations about pat summitt, the coaching legend may not have made the decision to retire herself, she may have been pushed. >>> and good morning, thank you so much for joining us. i'm carol costello in washington this morning. we begin with a new measure of the economy. we learned the jobless rate is at its lowest level since president obama fist took office. the new rate, 7.8%, a bigger than expected drop from august. only 114,000 new jobs, though, were added last month. those new jobs numbers seem pretty good for president obama, but his opponents are getting to the microphone first -- to first cry foul. in a statement, mitt romney's camp said, this is not what a real recovery looks like. we created fewer jobs in september than in august and fewer jobs in august than in july. christine romans joins jous now. christine, tell us what to believe because we're hearing so many different things from different camps. >> you can believe that the unemployment rate is 7.8%. and you can believe that on balance 114,000 jobs were created last month. and here's why. the labor department does two different surveys. one of businesses and one of households. let's start at the households survey. when they surveyed american households, they found in the month far more people said they were working than had said so the previous month. a lot of that was part time work, some of that was starting their own businesses, the combination of those things and more people entering the workforce and finding jobs from companies helped to bring down the unemployment rate. now, there is another number, 114,000 jobs created, that's what wall street really watches, that's the metric that people trade on that is a survey of businesses who say whether they're hiring or firing in the month. on balance, 114,000 jobs created there. those are the two numbers. what i can tell you is that 7.8% unemployment rate is the lowest since the beginning of the president's tenure in the white house. 114,000 jobs created, not enough even to absorb new entrants into the workforce, not as strong as the last couple of months but better than expected, carol. >> thanks so much, christine romans. >>> now to our chief business correspondent ali velshi for the bigger picture. ali, what is your takeaway. >> a couple of things. i've been saying for years, carol, you heard me say it, ignore the unemployment rate. again, ignore the unemployment rate. i don't care -- i was saying it when it was above 8%, saying it at 7.8%, it is two different surveys taken. the number of jobs created is 114,000, on the left side. the right side is the unemployment rate. you find out about the unemployment rate by calling people at their home and finding out if they have got a job. it is less reliable than the other one which is actually jobs lost or gained. politically everybody has been running on the no president has been elected without an 8% unemployment rate or lower than 8%, it doesn't measure the right stuff. bottom line is, what are we creating enough jobs and are we creating them consistently? 114,000 as christine points out is not great. it is not a strong number. but when you combine that with the last two months where we saw an additional 86,000 jobs created, we're not in a terrible place with respect to jobs. the problem is if you're barack obama, you can't crow too much about 114,000 jobs. if you're mitt romney, you got to be careful about saying it is not working. >> okay. ali velshi, thank you for your perspective. >>> now to the white house and brianna keilar because the obama campaign responded to the latest jobs report. what is the president saying? i'm sorry. do we have a technical problem? okay. we do have a technical problem. so we're going to head on to other news and then go back to the white house and briana to get word from the white house. oh, we have brianna keilar now. >> reporter: sorry about that. we have reaction from the white house. this just came out from the chairman of the council on economic advisers saying there is more work that remains to be done. today's unemployment report provides further evidence that the u.s. economy is continuing to heal from the wounds infli inflicted by the worst downturn since the great depression and goes on to say, it is critical we continue the policies building an economy that works for the middle class and points out the severe recession began in december of 2007. no coincidence there as he's pointing out it began before president obama took office. this isn important jobs report, carol, because this is the lowest unemployment rate since president obama took office. so he can now say, look, we got back to where we were, and also it clears that all important hurdle, maybe even a mental one, certainly as people look at statistics, of 8%. you don't have a president who has been re-elected with unemployment being greater than 8% since decades ago. so this is a key number. is it great? it is not great. is it good, yes. and it could have been a lot worse. so politically speaking this works in president obama's favor. >> all right, brianna keilar, live from the white house this morning. >>> let's head to california where gas prices are nearing $6 a gallon in some areas and the state is now facing a shortage of gasoline. a costco station in los angeles area was completely out of gas. the state average jumped yesterday and again this morning, now about $4.49 a gallon for regular. this is the most expensive state in america to buy gas. the reason, a closed refinery, pipeline problems, and strict state pollution laws. cnn's senior producer paul vercammen is in burbank, california, at a gas station where people are hurting. >> reporter: they are. in fact, they're absolutely stunned this morning when they see the price because if you look behind me, it is at $4.61 a gallon for regular. well, that is just a shock to the people here. they can't believe it jumped 19 cents overnight. now, this shell station, you can see, does have gas and it is getting more gas right now. you highlighted, carol, there were costco stations throughout the area that ran out of gas. and believe it or not, the $4.61, that's a bargain for this neighborhood. we saw a lot of signs that said about $4.77, $4.79. it is costing people a lot of money to fuel up. many of them are coming into the gas station, maybe putting in $20, $40, for some big suvs. they're spending more than $100 just to fill up. and we saw one man earlier today, chatted with him, he drives into the station, looks at the price, just shakes his head and then he drives off. let's hear what he had to say. >> the regular guy on the street has got to be able to -- to go to work. if he can get a job, and what are you going to do about that? i'm not happy. but what am i going to do? you got to pay for the price, i guess. >> reporter: well, he decided not to pay the price here. now, something on the horizon that could help. it is usually in late october that they switch from that summer grade of gasoline, which is more expensive, more environmentally friendly, to the winter grade. they're trying to seek a waiver here in california to convert earlier to the less expensive to produce winter grade. and that could help with this -- what many people are calling a debacle now in california. >> i sure hope it helps. just awful. paul vercammen live from burbank, california. >>> no one questioned why pat summitt retired from a legendary college basketball coaching career. she coached one final season after being diagnosed with early onset alzheimer's. in april, she announced her retirement. >> i just felt like it was time for me to step down. it is never a good time, but you have to find the time that you think is the right time. >> but now we're learning it might not have been her choice to step down. carlos diaz is here to tell us more. good morning. >> good morning. what is going on basically here is that pat summitt has -- is now filed an affidavit, according to a lawsuit that she did not file. let me be clear about that. this is a lawsuit filed by the lady vols media director debbie jennings. she is basically suing the university for age discrimination and sex discrimination, but basically in this lawsuit, pat summitt, the winningest head coach in the history of college basketball, is now saying that she had a meeting with athletic director david hart in march where david hart basically said she needed to leave the program. now, in this affidavit, pat summitt says this was a very surprising thing, a very hurtful thing for me. it is a decision i wanted to make at the end of the season, after i consulted my doctors, my colleagues, my friends, my family, and she says she feels she was forced out of tennessee. now, hart later told pat summitt that she had misinterpreted his comments, but these comments now stand in this affidavit that pat summitt has filed. and once again, it is not pat summitt suing the university, it is the former media director, debbie jennings who is doing this. but this is a huge story because of the fact that pat summitt is the most influential coach in the history of women's college basketball. so for her to be forced out in any way is very shocking. >> yeah, and it had been such a great warm wonderful story, everyone supporting her and she became even more heroic across the country than originally. just shocking to hear. carlos diaz, thanks so much. >>> new this morning, remember mitt romney's infamous 47% remark in a private meeting with fat cat donors on secretly recorded tapes? romney pretty much wrote off half of americans saying they're for obama because they rely on government handouts. >> there are 47% of the people who will vote for the president no matter what. there are 47% who are with him, who are dependent upon the government, who believe that they are victims who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it and that's an entitlement and the government should give it to them and they will vote for the president no matter what. >> it is a message which i'm going to carry and continue to carry which is, look, the president's approach is attractive to people who are not paying taxes because, frankly, my discussion about lowering taxes isn't as attractive to them and therefore i'm not likely to draw them into my campaign. >> but last night, a complete about face. now mr. romney is denouncing those remarks. >> clearly in a campaign with hundreds if not thousands of speeches and question and answer questions, now and then you're going to say something that doesn't come out right. and in this case i said something that is just completely wrong. and i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president, it will be about helping the 100%. >> cnn political editor paul steinhauser is here. we also have seen romney embrace the same massachusetts health care reforms he's previously shunned and he's doing that before some conservative audiences. is he simply just trying to move to the middle with just 32 days before the election? >> yeah, and maybe people are saying the same thing about the debate performance from mitt romney the other night in denver, that his position seemed to be shifting a little bit. on this, on the specific comment you just played on the 47% controversy, i think what you heard last night in that interview with fox news is what mitt romney would have said in denver if the 47% controversy had come up in that first presidential debate. it didn't. it was not raised by president obama. it was not raised by the moderator jim lehrer and i think the romney campaign was surprised on that. mitt romney had an answer to go and that's the one you heard last night. as for what you're talking about on whether mitt romney is shifting his policies, the obama campaign thinks he is. listen to the president yesterday on the campaign trail. >> when i got on the stage, i met this very spirited fellow who claimed to be mitt romney. but i know it couldn't have been mitt romney. because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy and yet the fellow on the stage last night who looked like mitt romney said he did not know anything about that. >> you can hear a lot more from the obama campaign and the candidate himself on that. the romney campaign, carol, pushing back saying, no, when it comes to health care, taxes, this is the same mitt romney and he's being consistent. the fight will continue. >> yes, it will. paul steinhauser, many thanks. >>> price tag for your child's college diploma isn't getting any cheaper. how much more you will be paying. 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[ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. >>> it is 17 minutes past the hour. time to check our top stories. an american has been shot dead by an israeli police anti-terror unit after he opened fire, killing an employee at a hotel in israel near the red sea. police say the suspect lost his job as chef at that hotel. >>> just out thismorning, a better than expected jobs report, the lowest unemployment rate since president obama took office. 114,000 jobs created in september. the jobless rate is at 7.8%, .3% drop since august. >>> a snowy scene in denver, where winter seems to have come early this morning. just two days after temperatures reached into the 80s. and in north dakota, residents are bracing for bitterly cold temperatures with highs expected in the 30s across the state. >>> and police are searching for this man, who presented to be a customer at an atlanta area pizza hut and jumped over the counter to rob employees. those workers fought back. one woman hitting the man with a broom, once they realized the suspect didn't have the gun. >>> it is the fall fight fest for latte lovers. starbucks stores across the country are running short on the syrup that gives its pumpkin spice latte that special fall flavor. a decaffeinated masses are not happy. a starbucks spokesperson told the wall street journal in a pumpkin emergency, stores can place an extra order. >>> and you're going to need that morning coffee for the next story. want your kids to go to college? you better start saving now. the cost of tuition at private universities rising again, up almost 4% over last year. alison kosik has the numbers from the new york stock exchange. >> so, yes, tuition is higher but look on the bright side. it is not rising as fast as it was. tuition and fees at private colleges are up 3.9% this year. and here is the silver lining for you. that 3.9% increase is actually the smallest on record. so says the national association of independent colleges and universities. also, private colleges are setting aside more money for student aid. that's good news. some schools are cutting tuition prices like cabrini college in pennsylvania, university of charleston in west virginia as well. now, the sad reality is it is still tough to pay for school. almost 20% of households now have student loans. that is a record high. the average loan is at $26,000. it could take years to pay off, especially if the graduate doesn't find work right away. we can all relate to that. carol? >> we can. sadly. alison kosik at the new york stock exchange. >>> just before the election, a new movie on the raid that killed osama bin laden and being distributed by a prominent backer of president obama's re-election campaign. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. 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[ male announcer ] progresso. you gotta taste this soup. >>> just in to the "cnn newsroom," a high court judge in london ordered that radical cleric be extradited to the united states. he will face terrorism charges along with four other suspects. the process begins immediately and the judge ordered that the man cannot appeal. he's accused of helping to start a terrorist camp in oregon. >>> the unemployment rate fell to 7.8%. the figures are roughly in line with what was expected. the jobs number for august was revised up to 142,000. >>> an oil sheen about four miles long has appeared in the gulf of mexico near the site of the worst oil spill in u.s. history. the coast guard says the source of the oil was not immediately clear in september of 2010. officials declared a cement plug had permanently sealed the deep water horizon oil spill. and it posed no further threat. >>> president obama in virginia now making campaign stops there and in ohio, right now, getting ready for a rally in fairfax, virginia. later he'll head to cleveland, ohio, where he'll speak to the students at cleveland state university and in doubt talking about those new jobs numbers. and trying to rebound from his flat debate performance on wednesday night. >>> this morning, we learn the jobless rate is at its lowest level since president obama first took office. the new rate 7.8%, that's a bigger than expected drop from 8.1% in august. 114,000 new jobs were added last month, those new jobs numbers out today seem to be pretty good news for president obama. but it is his opponents who greating to t in getting to the microphone first to call foul. joining me now, john breabander. welcome to both of you. >> good morning, carol. >> nice to see you too. the jobs report was not great. only 114,000 jobs added to the economy. you had that psychological boost of the unemployment rate going down to 7.8%. is the obama camp doing the happy dance? >> well, they're not doing a happy dance, carol, because the president is always the first one to say that even though we are headed in the right direction, and these numbers continue to prove that, we're now at the 31 straight months of private sector job creation. he says there is a lot more to do. he knows there is a lot more people out there that want jobs, that need jobs, and it is always a reason he talked about for the policies he's putting in place. we're going in the right direction. it is working but we need more to do. it is important psychologically because it is now below 8% and he's also now at a net job creation number for his term. it has taken away two important talking points from the republicans in terms of the jobs numbers. >> and i'll ask you this, some conservatives are coming out and saying that these jobs numbers are skewed. and something has been done to them and they're not accurate. >> well, one thing they are doing is they're taking out a sizable number of people who they say have given up looking for work. so we're not even going to count them. and so unfortunately what it is saying is that we're getting mediocre results and some sense we're showing we're getting mediocre results. this is the slowest recovery in our nation's history and i think people expect more than that. >> do you think people really pay close attention to the unemployment rate and the jobs numbers anyway, maria? >> well, probably not as much as we do here, carol, because we are the political and jobs numbers wonks that we are. but i do think that psychologically when you clear those hurdles, it is important. especially because republicans have used time and time again that they said two things, that it has been over 8% for the four years that president obama has been president, and that no president has ever been re-elected with a -- with an 8% or above jobless rate. so i think that in that sense it is psychological because people hear it, it is below 8%, so they say we're going in the right direction, and now it is maybe time to jump into the job market and that was an important thing that we saw in the job numbers as well. more people are coming into the job market, that means more people are being -- becoming optimistic about where we're going. and another very important point for the obama administration. >> so, john, maria is right in part because it has taken away an important talking point from the romney campaign. he can no longer say the president promised to get the unemployment rate under 8%, now at 7.8%. we have one more jobs report to go so who knows. what can mitt romney do to -- for lack of a better term, spin the numbers. >> well, i think people see this and say is that really the best we can do. i think everybody is happy when we see any movement. but, let's face it, unemployment is right under 8%. we aren't seeing -- i believe 500,000 jobs in this report were part time workers. people want jobs and they want even more than jobs they want careers and they want hope. right now they don't see that. they see a president is doing nothing about jobs going overseas, they see a president who adds a small business tax at the time they can least afford it, they see college graduates, half of them coming out and can't find the jobs they want based upon the degrees that they have. and so i think there is concerns when this president or this administration or their campaign thinks we should be hopeful because of these type of numbers. >> maria, i think john has a good point. i'm an unemployed person or underemployed person or my neighbor is unemployed, that 7.8% figure is going to mean nothing to me. >> well, of course, and, again, the president in the white house will be first one to say we're not where we need to be. let's be very clear. they're not doing the happy dance, as you said, they're not having a victory lap here. but we are going in the right direction. and, again, psychologically we have already seen in polls that people are feeling a bit more optimistic about where we are, and the republicans really need to be careful here. they are seeming as if they are talking down the economy, they are looking as if they are rooting for bad news because they think that will help romney. and, frankly, all of these conservative groups that are saying that these job numbers coming out of the labor department have been hampered with, that, carol, is very dangerous ground for the republicans to go on. i think it smacks of desperation. >> okay, so, john, respond to that. to those conservatives who are saying these numbers are skewed, should they just tone it down? >> i don't think it is that. i agree with what maria said. she said after four years of obama, the white house is saying things aren't where they need to be. what happens after four years of a president, if things aren't where they need to be, you fire that president. >> john -- >> except where we're not needing to be because of the republican policies that were there before he was there. >> we have to wrap it up. maria, john, thank you so much for joining us this morning. >> thank you. >> thank you for having us. >>> she's done late night and now early mornings. ann romney's latest tv turn when we come back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. just a second. just, just one second. ♪ get outta the car. ♪ are you ok? the... get in the car. [ male announcer ] the epa estimated 42 mpg highway chevy cruze eco. for wherever life takes you. and now qualified buyers can get 0% apr financing for 48 months on a 2012 cruze. ♪ have more fiber than other leading brands. they're the better way to enjoy your fiber. >>> made for tv movies might make you think of the after school specials but not when the network is national geographic and being released by a prominent obama backer days before the election. a.j. hammer joins me from new york. this is a movie about the death of osama bin laden. >> yeah. there are some people because of the timing, carol, that are thinking it is kind of like a long campaign ad or they're questioning what is really going on here. the movie is called "s.e.a.l. team 6," the raid on osama bin laden. it is what they call the first fact-based film that has ever aired. what has everybody paying attention is that it is a movie distributed by the weinstein company, harvey weinstein, a well known obama fund-raiser and supporter in hollywood and it is only airing on tv on sunday november 4th, which, of course, is 48 hours before election day. now, a similar movie dramatizing the bin laden raid called "zero dark 30" has been in production for several months and that's been criticized in some circles as being propaganda for the obama administration. the filmmakers of that movie moved its release in theaters until after the election. but then, carol, this one seemingly just came out of nowhere and landed a tv slot and with the weinstein backing they had to figure that this was going to raise a lot of questions, which it has. >> absolutely. let's talk about ann romney. she's going to be hosting "good morning america." good for her. >> she's got a little tv gig this coming week. she'll be co-hosting abc's "gma" on october 10th, wednesday. she'll be appearing in the 8:00 a.m. hour. now, the show has had a series of guest hosts, everybody from oprah winfrey, stephen colbert, all while the great robin roberts has been on medical leave since late august. roberts is undergoing treatment for mds and battled breast cancer five years ago. mrs. romney is also a breast cancer survivor and has multiple sclerosis. romney expressed her support for robin's recovery for a tweet in august, tweeted keep on fighting, we all stand with you. which is certainly true. the show of support came after the two had first met back in july, carol. romney sat in for an interview with roberts. there is a bit of history between the morning show and the romney family, it will be interesting to see how she does as a "gma" co-host, for sure. >> i'm sure she'll do a terrific job. join a.j. on "showbiz tonightto 11:00 on hln. jack, you're a little boring. boring. boring. 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[ engine revving ] it's bringing the future forward. >>> it is just about 45 minutes past the hour. welcome back. the candidates back out in full force on the campaign trail. these are live pictures from virginia, where president obama is about to speak shortly. the former governor -- virginia governor, tim cain, had been speaking behind the podium there. when he is finished president obama will take to the podium. later the president heads to cleveland, ohio, where he'll speak to students at cleveland state university and talking about the new jobs numbers and trying to rebound from his flat debate performance on wednesday night. we'll bring you the president's remarks live. >>> the presidential candidates are trying to appeal to as many latino voters as possible, especially in florida, a crucial swing state. how do they reach them? as ed lavandera reports it not as easy as speaking spanish. >> reporter: roll out the mare archie band, a few dancers and sprinkle in politicians and you got yourself a little old political rally courting latino voters, right? well, that kind of image doesn't work like it used to. in fact, political strategists have a name for it, mariachi politics. >> you do a big event and have the hispanics behind you and the mariachis and the canasthas and it seems like they're reaching for something and trying to portray an image that is really not there. >> photo with the president on my last day. >> reporter: leonard rodriguez coordinated strategy for george w. bush's presidential campaign. we met in his san antonio home. >> how do candidates fall into this pitfall of appearing to pandering to a bloc. >> talking one way to a group of individuals and then going into the next event and talking predominantly to a group of hispanic individuals. it forces a candidate to look out there, know he's not talking and delivering a message that has to bring the two groups of people together. >> reporter: television ads offer a snapshot to president obama and mitt romney's strategy in courting latino voters. the obama campaign is using latino celebrities, targeting education, immigration and the appointment of sonia sotomayor as the first hispanic justice on the supreme court. but the romney campaign is using family. mitt romney's son, craig, who speaks fluent spanish, talks about american values and bipartisanship. this is the chief marketing offer of cultural strategies, he's analyzed the marketing strategies and sees obama and romney targeting specific groups in the latino community. romney chasing the more conservative cuban-american vote, obama focusing on puerto rican and mexican-american votes. but to get the votes, the message doesn't have to be delivered in spanish. >> we have to keep in mind that the latino community is not monolithic and there is latinos who are by lingual and prefer information in english so you have to reach latinos not only in language, but also in culture. >> reporter: recent poll shows president obama has aamong lati nationwide. the fight is on. ed lavandera, cnn, san antonio, texas. >>> and you can see more when latino in america courting their vote airs on cnn this sunday night at 8:00 eastern. >>> going now from key voters to key states in the presidential election. let's head to iowa where we find cnn's shannon travis. i wondered, are people reacting at all yet to the jobs numbers this morning? >> you can be sure, carol that people in iowa, i mean, this is a battleground state, they're definitely reacting to the jobs numbers. i just spoke with a few people about eight or nine people just walking around downtown here in iowa. a number of people, a smattering of men and women, democrats and romney supporters as well, are reacting. some of the democrats i spoke with said that it is encouraging and giving credit to president obama. but one guy i spoke with, carol, said he hopes the romney campaign won't spin the numbers, his words, not mine. a romney supporter on the other hand who described himself as a moderate republican said the president does deserve some credit, but that she felt that the country needs to move in a different direction towards romney in electing romney in order for the jobs numbers to pick up the pace in terms of employers adding more jobs. it is something you hear, obviously these voters here in iowa are very savvy. you know, carol, they seed the candidates time and time and time again, starting last year. i lived here for a little while. so they're definitely paying attention and reacting to the numbers. you probably know, carol, the jobless rate in iowa is 5.5%. it is much lower than the national average. carol? >> all right, shannon travis, you'll have more reporting from iowa later on today on cnn. thanks so much. >>> as we have been telling you, president obama expected to take the podium soon in virginia. when he begins speaking, we'll take you back there live. all o. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. 100% new. 100% mmm... wow, that is mmm... it's so mmm you might not believe it's a hundred calories. new yoplait greek 100. it is so good. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> going into week five, in the nfl, there were three undefeated teams. now, only two are left. st. louis knocked arizona from the unbeatens last night. the rams quarterback sam bradford completed only seven passes. that was one of the good ones. two of them were for scores. in the meantime, the rams defense is putting pressure on the cardinals quarterback kevin kolb, sacked nine times. rams win 17-3. >>> college football last night, usc quarterback matt barkley connects with tight end campbell on the 23-yard touchdown. he makes a nifty one-handed grab in the end zone. the trojans win 38-28. >>> the troubled tenure of boston red sox manager bobby valentine is over. the sox fired valentine. he was brought in to restore order to the clubhouse after last season's fried chicken and beer debacle but it did not work out. they were plagued by injuries this year and wound up with their worst record since 1965. valentine went biking after learning his fate. >> the ownership of this team is terrific. let me tell you, john henry flew up from florida to make sure he was here in person, you know, to be with me and us today. and, you know, tom and larry, no one cares more than them. and i think they're doing what they think is the right thing to do for the fans. because this wasn't acceptable. and i get that. >> baseball's playoffs begin today with the first ever wild card game. win or go home. in the national league, the braves host the cardinals, first pitch, 5:07 p.m. eastern. the al game begins at 8:37 p.m. eastern. the orioles at the rangers. both games on our sister network tbs. >>> orlando cruz has come out as the first openly gay professional boxer. cruz is the fourth ranked featherweight in the world. he has two reasons for his announcement, one being true to himself, and, two, being a better role model for young fans. >>> we end sports with a player who really made his mark this week. you know who that is. miguel cabrera, of course. he became baseball's first triple crown winner in 45 years. the detroit tigers third baseman finished the regular season with a .330 batting average. 44 homers and 149 runs batted in. he helped lead the tigers to the playoffs and a contender for the american league mvp. if he doesn't beat out mike trout, i don't know what i'm going to do. talk back question for you today what do you think mitt romney mend about the 47%. your response is next. capella university understands businesses are trying to come back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu can your moisturizer do that? 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[ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. >>> a quick check back to fairfax county, virginia. we're awaiting president obama to begin speaking there. at any moment, he'll surely mention the jobs report number that came out this morning. again, when the president begins speaking, we'll take you to his remarks live for you. >>> the question for you today what do you think mitt romney meant about the 47%. this from amy, good for him, standing up and admitting you were wrong takes a ton of character. kudos to him. this from lenny, he meant exactly what he said when he set it. this wasn't a gaffe. anyone whose mind is changed by his new explanation deserves to get what he'll bring. this from billy, really, he changed overnight? this guy changes his stand every day. surely the american people can see through this wolf in sheep clothing trick. from deb, he meant what he said, which was -- which was when he thought no one would ever know what he said. that is true mitt romney, even if there is such a thing. from david, i think he meant exactly what he said and i could not agree more. please continue the conversation. facebook.com/carolcnn. >>> some experts say you should let your car warm up before putting the pedal to the medal. chris powell from extreme makeover weight loss edition says the same thing is true for your body. >> it is good to warm up before you exercise for injury prevention alone. before we move into higher intensity exercise, we tend to be cold so we need to increase blood flow to the muscles and joints and ligaments. once we're there, we can explore higher intensity on the
CNN
Oct 5, 2012 6:00am PDT
to below 8%? also jack welch, the former ge guy. >> yep. >> he's tweeting this morning and saying, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. i mean -- so is it possible the labor department is lying or has changed these numbers in some way? >> look, these numbers are often revised. usually when you have a vibrant growing jobs market a revision of 86,000 doesn't make any difference at all. you have much more jobs being created. we don't have that right now. in terms of why the two numbers are different, there are two different surveys the government does. hou household survey where they ask people wheer they're employed and a company survey where they ask companies how many people are employed. those are two different numbers. so that's why you have the number of jobs created or lost and the jobless rate. that's the technical data gathering reason. as for -- look, you'll hear conservatives say either they don't trust these numbers or they're going to say, look, 114,000 is the important number to look at here. that's not good en
FOX Business
Oct 5, 2012 6:00pm EDT
have a great weekend and i will see you back here on monday for. and, of course, "the willis report" is coming up next. ♪ >> a reminder that this country has come too far to turn back now. >> the reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. ♪ gerri: both president obama and candidate mitt romney using today's jobs report to bolster their campaigns. the truth behind those numbers and a $5 gas, already happening in one state. could it happen in yours? welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. do you believe the jobs numbers released today? a huge drop in unemployment rates to 7.8%. a look at that. nearly 1 million people entering the workforce in just one month. today, some of the business community calling those numbers completely fake, deliberately distorted to make president obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employment rate on just 114,000 jobs growth in the month surprising to jack welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging numbers for the benefit of the democrats back under the nixon administration. in fact, that was one of richard nixon's source of paranoia, that the bls was out to get him, making the economy looked at so that he could not get reelected. that did not prove to be true. what the other person just dated was exactly right. the household survey has a margin of error of plus or minus 400,000 jobs. but the -- well the household survey -- gerri: wait a minute. wait a minute. 400,000 jobs. 827,000. so half of that could be made up >> right. moreover, -- >> more than half. >> let me go further. of that 870,000 wors additions-household survey employment, more than 500,000 jobs in my belief, 529,000 jobs took the form of part-time employment duke said economic reasons. so the household survey in terms of quantity. it was lacking in terms of quality. gerri: it is as if a lot of people lenticels nurse and the internet. you don't know. you know what it reminds me of, you know what it reminds me of, the church lady on s&l, how convenient right? here comes the biggest election of this century. suddenly we have an incredible improvement in unemployment, something that takes the calendar back four years. you worked in the bls. you know how this works. can these numbers be manipulated? >> no, they really can't. it would be extremely hard to manipulate the numbers. absolutely impossible to manipulate and get away with. bls is comprised of career people who are dedicated to their work. nothing but career people there. a real strong sense of objectivity in what they do. would just be impossible to work these numbers. interpreting the numbers is a different issue. the unemployment rate really did go down, and it really was from the household survey. i can tell you, when i look at these reports the first in a look at is not the unemployment rate. it's the number of payroll jobs created. in line the last 67 months, and that survey is of very large survey. is surveying not only 400,000 businesses, its really looking at the employment records of 40 million people. so this is very accurate. gerri: totally different than the household survey where it's phone calls. you know, clearly open to interpretation. i do want to be fair and balanced. put out a three today saying, you know, don't believe what you hear. these numbers are absolutely accurate. we don't like or make things up. here is what she said. i cannot even see that far. she is defending the administration saying that, you know, the numbers are accurate. some of the most interesting analysis, though, i thought came from alan tomlinson. what a shocking about the jobs are created is that their government jobs, government supported jobs. in fields like health care where the government is intentionally involved throwing money at the institutions in that industry. by this of first. do you agree? >> yes, i do. since the end of the recession roughly 87 percent of all the new jobs created have been in the relatively low-paying fields of private-sector health care, temporary help, hospitality and retailing. that is a scary number, and this shows why so many voters are so disappointed with the current state of the u.s. economy. they want jobs growth, and they also want quality jobs. gerri: let's get carried in here. what do you say? >> first off, i have to get back to something here with all due respect. participation. it crashed in the last four years. we would be 11 percent unemployment if we use that number. i even of the bls and ask them for a list of all these people. all these people supposedly get the rate down. you can talk about whether they made it up or not, but this is all up in the year. the household survey. gerri: to you. you know, now the real pressure, the real interest is on the november on a plan a report. what is that going to show? confirm we saw in the report today or go back to what we have seen for months and months and months now? what do you say? >> to be fair, the payroll survey is contingent -- contending much of the same. modest job growth, not really strong enough to count as a recovery. and that picture has not changed the household survey showed a drop in the unemployment rate. those are real numbers, based on surveys. the real question is, which one is giving us the better signal right now. i have seen times for these two numbers are giving as mixed signals, and almost always sort themselves out in a month to. gerri: this is a critically important time for some people. and it is very, very interesting appreciate all of you coming on tonight with a very different perspectives and having somebody who actually worked in the bls is terrific. thanks you so much for coming on tonight. >> you're quite welcome. >> thank you. gerri: we want to know what you think. do you believe today's jobs numbers? log onto gerriwillis.com, vote on the right hand side of the screen and we will get these results at the end of the show. a lot more in the hour, including sticker shock, oil prices, gas prices skyrocketing in california, $0.20 overnight in one town. could it happen near you? despite highs in the market not seen since before the recession, people are still leaving stocks behind. why the mass exodus? answers next. ♪ [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ ♪ gerri: well, despite the rise in stock markets, small investors are pulling their money at stocks. since march a 2009 u.s. stock mutual funds have had net withdrawals of $200 billion while bond funds have seen an inflow of a trillion. the percentage of american families to own stocks now or stock funds dropping to 46% in 2011 from 53% a decade prior, so where exactly are investors putting their money and should you follow suit? ceo of demint financial services. always great to have you on the show. you cannot get away. you cannot get away from the idea that small investors have simply lost faith in the stock market. why do you think that is? is it ever going to change? >> there are two reasons it has happened, and you have asked the most important question. will it change. two reasons. number one, we lost an awful lot of money and people are still shell shocked. gerri: 2008. >> an emotional upheaval that we went through, and people are still dealing with it emotionally. people are starred as a result, and the biggest mistake they're making is that they are confusing the stock market with the economy. people think they're one in the same when in fact they're two very separate things which is why people don't understand how the stock market can be making money in a. where the economy is so dreadful, as you were just describing. people need to realize that the very reason the stock market is doing well is because the unemployment numbers are so low. corporate america's number-one expenses payroll. if you don't have much of apparel you have a lot of profit. gerri: that me ask you this. did you back on topic. i think the thing that is really frightening is if you look back in history where people have pulled money out of stocks, it goes on for a decade or so. after 1929, the dow jones industrial average did return to its prior levels in the 1950's. beginning in 1971 investors went through 11 years. now, i know people like you are fond of saying, well, the average stock market's return of the last 86 years has been 10 percent, but the reality is nobody invests for 86 years. gerri: you are absolutely right, and that is what people are looking so closely at their recent past performance. unfortunately they are assuming that the recent past, the last five words in years is going to be the next five or ten years. people tend to investing in the rearview mirror. if you drive that where you have car accidents. we need to recognize that we just had a horrific hurricane or tornado. we had it. we're not going to have another one next. gerri: but answer this, if you would. we talk about 2008 and the fall in stocks and what happened, but there are other things going on that i think really are unnerving small investors. the flash crash, all of this high-frequency trading that is making the markets and to really strange and unpredictable. it seems that what is going on on the exchanges is completely disconnected from fundamentals, and i think that is exactly where individual investors start >> i think you're absolutely right. this is why our message is not trying to convince people to invest in stocks, but convincing people to invest in other than -- other than just bonds and cds in cash. we found that people have just run to the flight of safety and they have abandoned the notion of diversification. i'm not suggesting you have all of your money or even most of your money in stocks. i'm just saying, it's crazy to have none of your money in stocks. gerri: and they're is a big fear that the bond market is the next big bubble. >> that is actually are bigger fear, but it is ironic that people are terribly worried about stocks and swearing it will never touch it again, what they don't realize is the next base -- next big risk is not the stock market but the bond market because interest rates are so. people don't understand that as interest rates rise, which everyone seems to think will happen, as interest rates rise if bond prices go down. that is really scary, and people don't realize it. gerri: thank you for coming on. i am on your page. want people to be able to invest competently in the stock market. it is the only way to retire and get kids through college and do everything that you need to do. hopefully it will turn around. thank you for coming on. >> anytime. gerri: if you are fired up about this or any of the issues on the program, write me an e-mail. gerri@foxbusiness.com. >> coming up on "the willis report," soaring fuel prices and shortages as the golden state running on empty. will some california stations run of gas? and our other states next? former shell ceo gives his analysis next. and just how big is mitt romney's post debate bounce? and will it get even bigger? or political panel reacts. also, at diving into an explosive debate over working women and motherhood. they have to choose between family and career? hear what our panel of powerful women have to safe. we're on the case next on "the willis report." ♪ ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech mastpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. gerri: guess prices shooting a 18 sets this week alone, closing in on a $5 a gallon high. we will tell you where and if you're still is next. gerri: extreme pain at the pump for california drivers. gas prices hitting record highs this week. a gallon of regular unleaded at $4.49 per gallon comparing to the nationwide average of $3.709. one of the many reasons, a southern california refinery suffering a massive power outage. now is back up and running. don't expect prices to come down anytime soon. there is now talk of a gas shortage. with more, john hofmeister, former ceo of shell oil company and founder of citizens for affordable energy. welcome back to the show. this feels like the 1970's all over again. shortages. why -- lines to your local station. what is going on? how do you explain this? >> well, first of all, let's remember, californians of cars. there are more cars to more people driving cars to more interstate highway miles off, more freeways in california than anywhere else in the nation. and there is no alternative, so they have to be in their cars to get where they need to go off. secondly, some of the oldest infrastructure to support that car crazy state exists up and down the coast of california. the third problem -- gerri: let me ask you about that. stop for just a second. why is the infrastructure so old to make everyone thinks of the oil industry as being pretty lucrative after all. why haven't they build any new facilities? >> well, it is well maintained, although it is old. so it can trip over under any circumstances. it is very heavily invested in, but no one would build a new refinery in california because they really can't. that gets your third problem. sacramento. if anybody in california is unhappy, they need to live in sacramento. gerri: regulations. >> it is the most regulated state in the country when it comes to of fossil fuel. and so whether it is an arm of the regulation, business regulations, labor regulations, land use regulations, no one would invest in a new refinery in california. it would be impossible to make it happen. gerri: now california -- >> the population keeps growing. >> california has the highest prices in the nation, and i want to read you something that aaa said recently. we have never seen and gas price back like this. this is brand new territory. we just don't know how quickly it will get the supplies back on light that we need. so, it sounds like california could be an -- in even more difficult for both. prices could go even higher. do you believe that? >> i think it will get worse before it gets better. for the chevron fire up north has been problematic. the exxon problem. what it also sounds like is that inventories are at 810-year low. when inventories are low the way you distribute gasoline is take care of your contractual customers first and your spot customers can wait. and they may wait a long tme. they may run out of gas. gerri: we have seen that already >> running out of gas. yes. as soon as they start running in a gas guess what happens? everyone goes to tank up because they don't want to be caught short. then everybody runs out of gas. gerri: let's talk about the national stage because we have been seen at -- prices go higher and higher. tripoli reporting live for six straight weeks the daily national average set a new all-time record for the calendar date. and they are expecting prices to continue higher through the end of the year. do you see the same trend? >> east coast and west coast of this country have the biggest problems. oldest refineries, hard to maintain, accidents do happen, fires happen. we just had a fire in houston. and so these incidences occurred. there is this incredible denial on the part of government officials, especially federal and especially states like new york and california that this industry can just take care of itself. let's taxes, regulate it and make it more difficult because we don't like oil. gerri: meanwhile, my friend, meanwhile my friend gimmickry energy is 90 billion in tax subsidies, 90 billion. >> and you can't put it in your gas tank. a complete disconnect between what the government is promoting and what citizens need and guess who gets hurt in the end. not the oil companies, the citizens. gerri: we do. you got that right. thank you for coming on. always a pleasure to have you on the show. >> thank you. gerri: now we want to bring you the latest developments in the store we have been following. american airlines says it has repaired nearly all the planes grounded and inspected because the seats can lose. with six more planes to be checked the airline said all repairs should be done on the boeing 757 by tomorrow if, saturday. this after canceling 94 flights of the last two days. you heard about that. after the problems were fixed. yesterday american said the real problem was actually the pan locking them to the floor that was damaged to do to spilled soda. so it's your fault. crazy. still to come, the women have to choose between a family and career? are we dissing mother of? after is great performance in this week's debate, more and more folks are starting to like mitt romney. details on the new forum next. ♪ gerri: well, the obama campaign today pulling out all the stops as they head back and mitt romney following the president's disastrous showing at the denver debate this week. the new messages this to mitt romney is a liar. but will voters by it? joining me now populous a prize-winning columnist for the new york post and fox is contributor michael goodwin. great to see you, as always. i want to start, though -- will get to the lying in a minute, but mitt was apologizing last night about the off -- the 47% comment. here is what he said. >> in a campaign with hundreds, if not thousands beaches and question-answer sessions, now and then you are going to say something that doesn't come out right. i absolutely believe, however, that my life has shown that i care about 100 percent. and that has been demonstrated throughout my life. this whole campaign is about the 100 percent. gerri: is it over for him? is this problem behind him? >> i think the president recognizes it was a failure on obama's part to bring this up because it was something that happened fairly recently. scored points with it. this was not the first time on the apologized to but i think he's doing it again and signals that he realizes obama is going to bring it up and it will be a staple. it will be doing some as an it, but i have to think, the whole idea of negative and nasty -- gerri: let me get to that because while mitt was apologizing on the one hand, obama was going in for the kill. at least the administration was the main here is what one administration official had to say. >> plenty of people have pointed out what a liar mitt romney is and was last night. if he was talking he was -- if he was speaking he was lying. gerri: to me this is beyond the pale. you collier upon a lot of things, but calling him a liar seems way too much. >> you can say it takes one to no one in this case, but i do think it is very and presidential, and that is the danger for president obama, coming out of this debate because he failed, particularly because the left is so disappointed and in despair over his behavior, he has now to call on the left town. so the way to do that, of course, is to attack chronic mccollum a liar, do all kinds of things. the problem with that strategy is while it might energize the left to make the turn of the independence to he is going to need calming down the stretch. this is the time of the race when they are aiming for the general election, not the primary based in the city has to still rev up the primary. gerri: a long way to go. the tone and tenor of the campaign changing with jobs numbers which were shockingly positive. we discussed it earlier. let me read you some headlines from newspapers to how the media is treating this. the new york times. jobs reports bring unexpected good news. make his case easier. the washington post says president obama much-needed good news on jobs. the chicago, jobs report gives obama a much-needed boost. i have to tell you, on wall street people are picking apart these numbers with a fine tooth comb. a lot of people don't believe them. they think they have been massaged, managed and some white. is the media -- more evidence totally for obama? >> sure. i read the new york times assessment of, you know, the attacks as the book were cut. this is not political, this is a statistical. always. the numbers are volta, but it is not politics. look. this is an administration that has been lying about who killed our ambassador. they have released classified information to help the president in the campaign, so the idea that they would cook the books in this is not so far-fetched. whether they did, i don't know, but the problem is they have no credibility. gerri: it's interesting because romney favorability ratings just about 50% for the first time. is the sustainable? >> i believe it is. his performance was one of the best, i think anybody has seen in a long time. there was not a single moment. it was a consistent 90 minutes of grade a performance all the way throughout, and i think people who only saw the ads about him, only heard about him through the obama tax sought different person than the one they were led to believe existed, and so that is why i think you have a turnaround in the positive numbers. gerri: you know, it would not be a friday if we did not have a thought from the vice-president. he made a little gas this week. have you are it? listen to this. >> you know the phrase they always used. obama and biden want to raise taxes by $8 trillion. guess what, yes, we do. gerri: i mean, really? really? can he not stop himself? but does it mean for the debate. >> well, i think it is one of the run the arguments. i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? 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[ male announcer ] ask your doctor if chantix is right for you. gerri: the mill powerhouse giving birth to her first child. she took the helm. see is also making headlines for another reason. this story and others suggesting our society is dissing mother had. you're going to want to hear this. my expert when his panel is here to weigh in. vice-president the family packed federal. former president of the women's media center, and a fox news legal analyst. i'm going to start with you. this is really meyer's decision at this photo put in? what do you make of it? >> well, we heard from the magazine editors that she did not want to do a photo shoot. i can understand. if i9 months pregnant. >> she's beautiful. >> but i personally also am offended because i don't think having a baby should be something else and you're to do list. the short amount of time she has taken for maternity leave to all the questions, working through it. >> well, i respectfully disagree. by nine months pregnant, so happy about that. if somebody would even want to take my picture fully clothed, of course. are not doing demi moore. fully closed, i would embrace and love that. the most wonderful thing in the world. gerri: to you. what is interesting about that is that she makes this decision, and she could have been the first pregnant woman ceo right out front, but she chooses not to. what do you make of it? >> i don't have a problem with it. i don't think very many women would want their picture at nine months on the cover of some major magazine. i would not choose that either. i also think that is actually to her credit. she is not using a pregnancy to -- in any kind of way that is personal. so i think it is -- i probably would have done the very same thing. nine months pregnant. >> using your pregnancy. i'm sorry. if i miss characterize what you're saying. is that about using the pregnancy that sank, eight, nine months pregnant to know whatever it is. happy, thrilled. >> exactly. here i am, and i am looking great at nine months. >> the reality, though, is she is no longer -- she had the baby. so fortune magazine is on the newsstands is not pregnant. >> she had the baby a day before the magazine came out. made it even worse, and it is a personal prerogative, but a missed opportunity to really be a heroine for working moms. working women, working moms. so she missed that opportunity, but the -- gerri: we have to move on to this other story which i thought was similar in tone. it is an ad for lucky magazine, very popular here in new york magazine, shopping magazine. here is what it said, and adverse use, $990 shoes. my kids call the nanny mom. fill the void, by this use. i am appalled by this. >> first of all, i have never bought a pair of shoes over $99 to my verses what did you say, 900? never. never. i cannot even imagine. i would be embarrassed to do that if. it's horrible. soak okay. your kids are out there with a nanny. tickets are out there. you find them off. buy more shoes. go buy things that will make you feel better if. gerri: the language is particularly outrageous to me. fill the void. fill the void? really? what do you make of that? >> well, talk about messages sent up to women. i think this is a terrible message. i don't even know what to say to people think they can fill a void of the preciousness and uniqueness of childbearing for a shoot. i don't even understand that. i would just say, you know, and i would also say that i think pregnancy is beautiful and powerful, but i don't think it necessarily needs to be in the workplace. i don't think it needs to be featured on a magazine that is about business. gerri: why not? >> because -- >> the point is he is being criticized because she is not. of have a problem with that. nancy is in the business world, being nine months pregnant is not a helpful thing. i don't think it is. it's a powerful thing in have very different way, but not in a business setting. and so i think she made the right choice. her choice. that's what you're saying. >> the advertisers with issue campaign appeal to that lowest common denominator. when you have seen so many marketing campaigns that have lifted women up, that was a mistake on their part. a different direction. the maternity issue, i think the bigger problem is that we are the only industrialized nation that does not have paid maternity leave. gerri: let's not go there. to me it is about the message is that women are sending each other. it's about issues. looking skinny. come on. >> the other thing. the other thing. the other message. i know this is not on the magazine, but she's only taking two weeks. i think that is a terrible message as well. i don't know why women have to insist on denigrating that wonderful thing that only they can do and only they could be the mother to their child. it is the most fabulous experience, and i don't know why we seek to denigrated and think that even a job as a ceo could surpass that. it cannot. >> especially a person in her position who has a job. she has people that can help. if she does not have to go back to work. >> choices that other women do not have. any woman, i would be very surprised. gerri: all right. we have to wrap it here. thank you for coming on tonight. really appreciate your time. it was a fascinating conversation. >> you will be wearing beautiful shoes and the kids will be calling her nanny mom. stock in the air. gerri: last word to you. thank you. and we looked at the most powerful ceos, the highest paid, even the worst performing. tonight a whole different measure thanks to business insider. here is a look at the sexiest ceos. we are sliding right down the side here. 27-year-old pete cash market. what a name. high-tech innovation website when he was a teenager. also made times most influential people's list this year. 31-year-old jennifer hyman. wants to rent the runway three years ago giving women a chance to read some of that cut short dresses. and number three, 35-year-old jack dorsey, the founder of both twitter and square. is that right? immobile payment company which recently signed a huge partnership with starbucks. number two, actually on the program, fashion designer tory birch. the 46 year-old founder fashionable eight years ago and recently launched the tory birch foundation from a charity group that supports the empowerment of women. and the number one sexiest ceo, the 32-year-old founder of change dot court. despite this success according to the san francisco gate he lives with roommates and drives a 1996 toyota camry. mystifying. all right. still to come, my "2 cents more," and what you need to know when buying prescription drugs on line. don't go away. everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generation find their own path. all of us serving you. us bank [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. gerri: what you don't know could kill you. a slew of illegal website selling life-threatening drugs to doctors. could your. >> host: of them? ♪ gerri: in focus tonight, websites hazardous to your health. the fda cracking down on thousands of online pharmacies selling fake drugs, and not just a regular folks like you and me, but to medical professionals. prescription drug editor for consumer reports joins me now. welcome to the show. so when i saw these numbers to monday blew me away. 18,000 web sites that they try to shut down. counterfeit drugs. what is the risk of these drugs being sold to the public? >> there are a couple, actually. the medication that you may order online is actually watered-down, so it is not really effective, as you expected to be which could be pretty dangerous, especially medication you needing your system over long time. the second, some of these medications could have dangerous agents or chemicals in them that are not even anything that you would normally even put in your body, so you can really -- gerri: let's take a look at some of the drugs seized by the fda. some of them you will note. viagra, accutane, a generic. it contains the wrong ingredients, so it is one of the things you were just describing. you can really by just about anything that you want online, and it could be of this. >> right. one of the things that happens, you can go online and tell you exactly how to do it, but you don't need a prescription sometimes. and that is usually one of the first keys. you can tell it is a fake website when you go one. there's no prescription required. you can't talk to a pharmacist. i mean, -- gerri: that is the clue. other other ways you can tell that these sites are bogus? they don't require a prescription. nobody to talk to. what else? >> outside the united states, and this is one of the key features. this is one of the things that the fda was trying to get at. these are located not just may be in canada or even pretended to be in canada, but all of the world. if it is -- if it does not have an actual address in the united states, that is a pretty key -- red flag. gerri: the illegal drugs are -- illegal drugs are much cheaper than you would find here. we have a full screen. viagra is about half the price. a big attraction, particularly for seniors who are on, you know fixed income. they cannot do anything about it. that is the critical thing. the most interesting thing you said in a break and my thought, is that the fda sent letters out to these websites asking them to close to but they did not necessarily. >> right. they sent letters to the places. they sent letters to travelers to the internet service providers demanding that they be shut down, so it is a process. and even if they do, they are like cockroaches. they just multiplied. gerri: go to your doctor and get the prescription. go somewhere you can trust. it build. >> and of its expensive. especially for americans to spend twice as much as the rest of the world on prescription drugs. gerri: we have to change that. thank you for coming on. we'll be right back. the answer to our question of the day. do you believe today's jobs numbers? and my "2 cents more" are more hungry kids across the country. fighting back against new government rules and regulations a look at their creativity next. 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[ all ] i'm with scottrade. it's no wonder so many investors are saying... one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >> president obama says encouraging job report shows the country made too much progress to turn back now. do you believe the numbers? here's what you are posting on the show's facebook page. june says, no, i think it's ever so convenient that the numbers they put out are good right after an ever so poor debate performance. another says, if you believe the numbers, i have a unicorn to sell you. we asked on the website, and 2% said yes, and 98% said no. conspiracy theorists abound. log on for the online question every weekday. while the "hunger games" dominated the box office in the spring, a real life fight is happening across the country thanks to the lunch box cops. new national rules as part of michelle obama's healthy free kids act calls for lunch menus to be a one size fits all snooze fest, and kids are speaking out. >> welcome, welcome to the 2012-13 school year. as ordered by the regime, you are going to receive less portions and expected to do more because you are fat. as always, have a happy hunger games. ♪ gerri: ha-ha! this video by students in a kansas high school was created for protest against the government's strict rules slamming light lunches saying the kids are hungry and sleepy, and can't do their work, especially student athletes who need more calories to keep up. it's one of many videos on youtube protesting the same thing. i'm for healthy eating, but these kids, not government wards, these kids and parents should be responsible for what they eat, not the obama administration. that's my two cents more. it's all
FOX News
Oct 5, 2012 5:00pm EDT
with premiums as low as zero dollars a month. but don't wait. the last day to enroll is december seventh. call now. >> hello, everyone, i'm dana perino, along with kimberly, and brian gutfeld, juan williams, and eric bolling, this is "the five." the september jobs numbers released this morning. to 7.8 and employers added 114,000 jobs. the numbers come at a critical time for president obama as a tightening in the race as a result of barack obama's weak debate performance. here was president barack obama today. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. (cheers) >> more americans entered the work force, more people are getting jobs. >> and here is governor romney's reaction to the same number. >> the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. and if you just drop out of the work force, if you just give up and say i can't go back to work, i'm going to stay home and drop out altogether, why, you're no longer part of the employment statistics, so looks like unemployment is getting better. but the truth is if the same share of people were participating in the work force today, as on the day the president got elected, our unemployment rate would be around 11%. >> the president clearly sees today's numbers good news for his campaign, but eric you've been digging into the numbers. can you help us dig a little deeper. what do the numbers say? >> there's something in here that i really, honestly in 25 years of doing this, that i can't figure out. and here a quick white board on it. okay, so the bureau of labor statistics come out and the estimates by the economists were 113,000 jobs created. wall street journalist had 25 economists, we think 113,000 jobs created and that would make the unemployment rate. 8.2%. right? they nailed the number, nailed the number of jobs created 114,000, unbelievably close never seen it that close. the unemployment number went down to 7.8%, no one can figure out what's going on and scratching their heads, but they play these games with leaving the labor force, and part-time workers coming into the labor force, which is really kind of a black hole. no one knows how they crunch the numbers and notice a couple of economists on the department of labor bls staff are obama donors, you want to go there and some people are making the leap. something doesn't smell right. >> from the beginning since the numbers come out. people have been saying, i don't know nothing adds up, but even setting that aside. one number here i think that people ought to learn a little more from you about, the youth-- >> it's the underemployment, he says 23 million are out of work or underemployed. let's say you're a lawyer, an accountant, a skilled worker and you're taking a part-time job and working at mcdonald's, at wendy's, because you can't find a higher paying job, one more appropriate to your skill level. so, you're counted in the u-6 number. u-6 unemployment rate is 14.7%, 23 million people of either out of work or looking. >> and that number, kimberly, i think is probably more reflective of what both campaigns are seeing in their focus groups and polling, which is that people don't feel like the economy is great. maybe it's a certain percentage. >> right. >> feels like it's getting better, but 63% of the country think things are going in the wrong direction, it might be a mistake for the obama campaign to come out and tout this too much to look like they're praising something that really isn't that good? >> it doesn't seem credible. when you do the math the numbers don't add up. you know, it's funky and it's bogus, bogus labor statistics, bls and i don't think the american people are going to be fooled because they use their common sense, wait a second. i'm not in a job that i should be in. my neighbor's unemployed. my aunt, my uncle, whoever, there. and absolutely, my son won't move out of the house and this is the problem that people are facing. >> he's only six years old. >> i don't tolerate underachievers at all. you get a paper route or something. (laughter) >> what do you think, greg? >> well, it's the democrats celebrating the job numbers like the dawner party celebrating the arrival of ke$ha, and the numbers aren't keeping up with the losses and sinking a row boat with 60 couples. and thank god for the news, for the media. because the media were falling apart. they actually sent a grief counselor to chris mathews' leg feeling so bad, but you know what we're talking about from the changes. the .3, right, .3% change that's like a contestant on the biggest loser taking off his socks before he gets weighed. and this .-- >> it's huge, it's huge. >> .3 on the unemployment is massive. >> because it went from 8 to 7, but it's still closer to 8. but it's a big-- >> psychological for people. >> no, but 3/10 after percent on 150 million number is, it's 450,000 different jobs that are gone somewhere. where did they go? viperized. >> 450,000. >> what they're talking about the decrease in unemployment. >>, but the participation rate, juan, let's get new here. psychologically for the obama campaign they put their accountant on to try to get from 8% for 43 months, to get to 7.8 and they feel like they have proof behind their claim that things are getting better. but this number was, given all the other factors, probably can't hurt at all, but does it help them as much as they need it to. >> it helps a lot. psychologically, this is big news and i feel like listening to you guys i wish i had cheese to go with the whine. all you're doing is complaining. >> come on. >> now what? you know what, you're rooting against americans getting jobs. >> no, no. >> what's going on here? and the other part is. >> that's a talking point that's not fair. >> and professor eric lecturing the american people. let me tell you something the standard for the bureau of labor statistics have been in place for generations, career professionals. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against giving money. these are not major-- you're making it out like somehow george soros is running the department. ridiculous, eric. >> and you attacked me on something about the-- >> the confidence has been going up for months, this is not something that's based on-- >> i think two statistics that do matter in here to people. whether or not they would pay attention to them. one is the participation rate. >> yes. >> you have that few people, the lowest it's been since 1962. >> let's look at why that is. because more people close to retirement age are deciding that they-- >> that's been debunked several times. >> they're unemployed and-- >> no, no, no, they're taking early retirement and deciding you know what? >> and the line that bob beckel tried to use and it actually does not pan out and the second one is that take home pay is not keeping up with inflation. and inflation is higher so that the take home pay numbers are not better, the median household income is down, and actually have the projections of the corporate profits being slashed. and yet, you still have these numbers so i-- >> wait a minute, corporate profits are the highest they've ever been in history and-- >> were reduced. >> i'm telling you corporate profits are the highest in history and-- >> and there's a problem-- >> here is the problem. >> and the highest they've ever been, and corporations aren't hiring. and here is the problem. >> you want to know why? and here is lesson 101, juan, and-- >> what do you think of that. >> in one second. >> oh, please. >> and cooking, i smell rubber burning. (laughter) >> that's a rubber chicken in your pocket. >> and here is the thing, corporations aren't reinvesting back into the infrastructure because they don't trust this administration, they're not hiring. >> i see. >> and holding on to their dollar, that's a fact. >> let me get-- greg. >> another interesting fact january 2009, one millifewer construction jobs, shovel ready is shovel deady. juan, that's a rhyme. >> and you thought of that. >> more than the moon landing, but the nuances will be ignored just like they ignored the nuances of benghazi attack. >> we'll talk more about the debate, but i think let's just imagine something happened earlier this week, that romney had a terrible debate and we'd be talking can we move on and now there's a question now, eric, can the debate of the news of the debate, the effect of the debate overwhelm the jobs number or the reverse? 'cause there's some reaction saying reverse. >> 67 million people watched that debate and the rasmussen had a poll showed the swing states and battle ground states flipping to romney. >> florida, ohio virginia, but ohio came-- and remember we talked about the 9 point difference obama had over romney in ohio and now it's down to 1 and i think this was the day after poll, the day after the debate give it two or three more days, i think further in romney's direction. >> kimberly the last word. >> thank you, this is what i learned for friday. okay, the debate and the number, that's you will need to know. another great line that was-- >> and how is greg gutfeld going to do in front of a monologue that has nothing to do with this video. something that only my challenged co-host could do. ♪ ♪ oh, having a good time ♪ ♪ yeah, i've been working all week, i've been tired, want to have fun, time for a good time ♪ . [ male announcer ] this is the land of giants. ♪ home of the brave. ♪ it's where fear goes unwelcomed... ♪ and certain men... find a way to rise above. this is the land of giants. ♪ guts. glory. ram. glory. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> taking a bath and as you know, someone else took a bath at the debate. but our truth is that president obama couldn't have won because his policies just haven't worked. thank god for the japanese. uncovered some news, looking at photos or films of cute baby animals improves product divot and enhances, and make people more focus when they're looking at ugly animals or food and maybe with cute animals, obama could get more productivity out of the 47%, purely an economic plan must be be better than recasting food stamps and unemployment as stimulus. remember green jobs? that was stimulus, too, the only green jobs was the guy with his fist up kermit's rear. and we see better growth on a corpse' fingernails. how could this cuty pie be more sensible, tracking obama's approach to everything based on a wonkish application of nonworld substance recasting failure of european models of success, so we haven't shrunken up to a puppy specificatio specifications, get a kitten, at least when they're broke, we'll have something to play with and something to eat when we run out of food. >> he likes dogs. >> juan, what do you think? does looking at adorable animals make you more productive? >> it makes me happy. >> and. >> happy, happy, happy, i like animals. what are you talking about when i go to the zoo, now as a big boy go to the d.c. zoos and the pandas, one recently died. i admit it there's a soft heart in this crazy, crazy, person, you know. >> you look at too many animals before you evaluated the debate performance. >> you think so? >> yes. >> it made me happy. >> yes. >> i think maybe you ate something that gave you gas. (laughter) >> and it's lasted for days. and i still still think did the job. >> dana, i argue, it makes you less productive. imagine the charity work you could be doing rather than looking at jasper. >> i didn't hear a word you said because i was looking at the pictures. that's one of the monologues and my mom will call and say, what was that greg gutfeld thinking? i followed it. >> this is a kermit thing, i've got a translation for that in the ear from the producer. >> and kermit the frog is a puppet. you put the hand up the puppet. >> really bad. >> and bash the media, shall we. andrea mitchell on some other network, i can't remember the name of it, ticked off at mr. sununu for saying president obama's-- >> do we have a clip. >> what people saw, i think, is a president that revealed his incompetence, how lazy and detached he is. >> governor, i want to give you a chance to maybe take it back. did you really mean to call barack obama, the president of the united states lazy? >> yes, i think you saw him admit it the night before when he delivered the pizzas. he said, you know, they're making me do this work. he didn't want to prepare for this debate. he's lazy and disengaged. >> so. >> so andrea mitchell was all outraged and governor, do you care to walk back that comment? hell no, she was disgusted with the fact that dnc communication director on the same network said governor romney was a liarment she didn't say he was lying. governor romney is opening his mouth, he's lying. that didn't seem to be too outrageous, but saying he's lazy. >> president obama admitted he was lazying talking to barbara walters. >> yes, but you're not allowed to say it. >> wait a second, wait a second. he said having grown up in hawaii he thinks there's laziness in him a guy who is a super achiever, oh, my gosh, a super achiever, a top academic guy. president. >> how do we know that. >> juan, brain washed by the-- >> and let me tell you something, here is how brain washed i was, i think he was president of the harvard law review, i don't know why. >> and overachieved the community organizers. >> i don't know about you, but nobody asked me to be on the harvard law review and let me say this. this is a guy, and i think that dana is sitting here and tell you, presidents of the united states work hard. there's no getting around how much-- >> they're not talking about him as a-- as a person. they're saying that for the debate that that's how he appeared. >> lazy. >> and what sununu said was actually quite mild compared to what the far left said about president obama and nobody is asking them to walk back the comments. >> because you know they're harsh. >> the far left and busted open big time. >> and why ask sununu to walk back the comments. >> the way that andrea felt, there was a racial lazy-- >> andrea mitchell probably sees race everywhere because she's an incompetent hack. >> john sununu is wrong and-- >> i don't know what to do. >> do you want to walk that back? (laughter) >> going to say governor sununu is wrong, and president obama is not lazy. lazy in doing his job as president. very much not lazy when he's campaigning and flying around the country and. >> golfing. >> golfing, playing basketball. drinking beer. >> you brought up basketball, oh. >> oh (laughter) >> and want to walk it back? >> walk it back. >> oh, my god. >> do we have time, bring this up to kimberly, chris mathews on another network i can't remember the name of it talking about something. >> i don't know what he was doing, during the the debate rather than fighting it. romney on the other hand came in with a campaign and he had a plan and here is my question for obama i know he likes to say he doesn't watch cable television, maybe he should start. maybe he should start. i don't know how he romney get away with the crap. the latest from romney you know what i want to do with people when they're pour, shove them in the emergency room. why didn't he say that, where was obama tonight? >> kimberly, shouldn't-- >> and he's got to go-- shouldn't he go someplace quiet for a while where they feed him soft foods and-- >> i think he should do a juice cleanse. >> no, i think he should-- i like your monologue so i think he should look the at nice animals and fuzzy warm animals and hold them close. >> that's nice, he buttoned up the whole segment. we're now back to the beginning. >> juan, you can stay. >> thank you, mom. >> and did you know that president obama killed osama bin laden in case you forgot the new movie premiering two days before the election shall remind you. >> three, two, one... execute! >> what impact will it have on the election, we'll discuss and eric will perform his special rendition of friday by rebecca black. ♪ ♪ it's friday, friday ♪ everybody looking forward to the weekend ♪ ♪ friday, friday, it's friday, everybody looking forward ♪ [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, medicare supplement insurance helps cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you up to thousands in out-of-pocket costs... you'll be able choose any doctor who accepts medicare patients. and you never need referrals. so don't wait. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. this easy-to-understand guide will answer some of your questions, and help you find the aarp medicare supplement plan that's right for you. ♪ >> welcome back. president obama taking credit in countless victory laps for the bin laden kill and now there's an interesting debate. >> and the world compound. >> and immediate action plan. >> analysts have on several occasions recognized the man who appears taller than the rest. >> the htp is osama bin laden. >> it's called "seal team six" the raid on osama bin laden. it's produced by harvey weinstein, an obama butler and the film will air on november 4th, national geographic a newscorp property. >> it's going to come out in time before the election and depending on what kind of impact it's going to have, but it's self-promotional and harvey weinstein is obviously close to the president and a number of high profile and has done a number of fundraisers, that's a fact and that's to do to highlight his foreign policy experience. >> if there's anybody who rises or dies from this movie, i expect harvey weinstein to be picked up and arrested on some kind of murky parole violation. >> he must have done-- >> parking tickets, right. >> back in the '90s. >> this doesn't surprise me. remember on september 11th when the navy seal book came out and he was contradicting what the press reports had been and the administration reports had been about the bin laden raid. there was all this have outrage and we had the benghazi attack and the month's worth of blaming the benghazi terror attacks to a stupid video and now moving up the production of this video to basically, i don't know, why? there's no other way to explain it, of the release date except to say they're trying to help obama. >> why do you think? didn't they just say that it's a newscorp property? >> national geographic is. >> nobody at newscorp is controlling all of that. >> i don't think so either. if they thought it's a problem i mean, someone would have raised a flag. >> they wouldn't, that's the point. >> why did they delay the other movie until december? >> i don't know. >> can we move on with breaking, not necessarily breaking, but new libya news this morning. i believe two people arrested in london, if i'm not mistaken shall tunisians. >> yes, on a day that you had the debate coverage, there's still debate coverage going on in the media and you had the jobs numbers which was getting a lot of attention, you actually have this report that e-mails showing that the state department actually rejected security requests from libya. and this is one of those slow burn stories. and i think that the information in the news is going to keep coming out and keep coming out and we will get to the truth at some point. very troubling if you're at the state department today and you have lied on the record about this. >> how is this not the biggest deal ever? how is this not something that automatically throws this administration out of office? this is what i think is so outrageous. i mean, we've left people there to be murdered despite repeated requests to get proper security there. it's very upsetting to me that we have such disregard for people who are serving this country. >> but you know-- >> what's wrong with them. all the cuts they're making too. >> i think it's a fundamental lack of understanding of the evil in the world which is why they didn't have the protection there and so dangerous. >> they still don't get it. >> no, they were more threatened by a low budget trailer featuring radical islam that nobody saw, that actual radical islam that people saw and died from, they were more frightened of four minutes or 15 minutes of tape than actual you know, a real honest to god threat. >> well, what's the name of the film that's going to come out. the captain bigelow movie? >> zero dark 30. >> zero dark 30, and juan if it comes out and shows bin laden being killed, what's going to happen to our consulates and embassies around the world. >> i hope nothing happens. >> and if something happens-- >> i have no clue. my worry was, you know, greg says, if this movie comes out, the one we were talking about a few minutes ago, there could be, what would happen. i think you would be the one rioting. i think you'd be upset because you would think it might help obama. people see it for what it is. on the libya story, i couldn't agree with dana more, as more comes out people have to decide whether or not the government is neg gant. >> reckless. >> i disagree with you on it. >> no, i'm talking a legal standard, you said negligence, and reckless and-- >> and people make decisions and what the news was today. it says that contingency plans for the diplomates and the security team were not followed. why was it why were the people on the ground deciding-- >> sound like a state department problems. >> because the state department are boys and girl scouts trying to fight terrorists and don't do-- and undermanned. >> if it goes off the fiscal cliff, 130 million pulled from funding security in our embassies. >> haven't they realized that this is absolutely outrageous and cost more lives, greg? >> i don't think they have. >> are they forgetting 9/11? >> we'll leave it there. >> she's fired up. we're getting to the next big debate, it's not joe biden and paul ryan? >> you've stepped over the line. >> it looks like the trash talking has already started. >> a spoil alert. hold your ears, and stewart sounds a farm animal. ♪ [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. that moment you enjoy it well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you fod a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. droid does. and does it launch apps by voice while learning your voice ? 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[ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. >> i'm bret baier and in washington the jobs report and the furious argument over what it means dropping from 8.1 to 7.8% and 114,000 jobs and 10% of those government workers and humps of thousands of other jobs na brought the rate down. what are the jobs? should they count? we'll go in depth and also hear reaction to that news from president obama and his people. and from mitt romney and his people. of course, all of this comes on the heels of governor romney's highly praised debate performance, but there's plenty of debate how romney pulled it off and the turkish broadcaster, arrests, and may have about involved with the u.s. embassy in libya. special report starts at 6 p.m. eastern. now back to "the five." ♪ i'm gonna knock you out ♪ ♪ mama say knock you out ♪ ♪ >> and all right. bill o'reilly is taking on jon stewart in a debate the rumble in the air conditioned auditorium. yes. and last night, john explains how he's preparing. >> and how are you preparing? you're prepping for the rumble. >> with colbert and a chicken. >> that's how i prepare for almost everything. >> and here we go again. and stewart has experience involving animals and, from the seat to the master of fox, huh? >> i made those movies when i was in college and i had them destroyed. >> and that's why you have no-- >> oh, my gosh. >> i think the real winner in this is america. there's nothing america needs more than two enormously wealthy men creating a new revenue stream through this debate. >> somebody's got to do it. >> i hope. i hope this debate can heel a divided nation. >> we'll get back to you on that, dana. >> the only thing i was wondering, what's the setup. what does the set look like. because bill o'reilly is very tall and jon stewart is not that tall, much taller than i am, but are they going to be sitting at a table? what would be the-- or what were the pre-debate negotiations. >> and bill is going to be holding him in his arms, cradling him. >> 6-4 versus 5-6. >> and serious lifts on. and may need to borrow my shoes, call me, jon. bolling, what are you doing? >> trying to figure out maybe the producers-- how to sign up for 4.99. where can people go, tell people, anybody? and listeners. >> 499-- no, $4. >> it's at listener auditorium on the campus of george washington university. >> how do people sign up. >> write in o'reilly and you'll see it. >> and go to-- >> and streamed live october 5th, 8 p.m. eastern, it's going to be available to see on demand for a limited time thereafter, up to three streams purchased view, do not exceed that quotquota. it's going to be fantastic. i think that jon stewart thinks he's going to beat bill o'reilly. >> i think he might. i think advantage jon stewart because people love funny. >> people like funny you, but o'reilly is funny. and. >> can i say something-- >> he can. but not that kind of funny. >> and the presidential elections, and jon stewart is funny and you know, the likeable guy. and obama. bill o'reilly is the guy that's going to bring the numbers, that's romney. i'll take papa bear. >> and i think that-- >> i think mr. obama is so far ahead that he wanted to tighten up just to be exciting. >> and basically he's redistributing his lead. >> and he's not complimentary about the president's performance during the the debate. and the other debate is the other rumble in the auditorium. >> it's not a matter of who wins, actually it's going to be entertaining and fun. >> i've canceled my plans, i'm going to be there sitting on the couch. >> you're going to have a tea party with all of your stuffed animals. >> bill gave me two tickets so i'm going to cheer. go, bill, go. >> who are you going to take? >> don't worry. >> you're trouble in my life. you just look for opportunities to screw me up, i'm taking my wife. all right? okay? >> all right. >> and we have time for the therapy. vegas, people, pleaseo'reilly. you're in luck. mr. -- >> bond, james bond. >> . >> i love it. it's a big day for james bond. and break out the martinis and the tuxedos. "the five" is looking at our 007 moments and the debate who once and for all is the best james bond. ely. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower and best in class 38 mpg highway... advanced headlights... and zero gravity seats? yeah, that would be cool. ♪ introducing the completely reimagined nissan altima. it's our most innovative altima ever. nissan. innovation that excites. ♪ >> mr.? >> bond, james bond. >> bond, james bond. >> shaken not stirred. >> martini, shaken not stirred. >> the directions are easy to follow. and send a threat and make sure i don't get lost. ♪ >> the james bond franchise celebrates its 50th anniversary this very day. when the super spy hit the big screen with dr. no and 4.9 billion dollars in tickets sales later 23rd installment, hits theaters on november 9th. what is it about james bond that everyone loves? and we'll start with you. >> well, the fact is the reason why everybody loves him because he's not a liberal. james bond (laughter) >> everything james bond does is conservative. he's the most anti-d.c. person who walked the earth. in real life he wouldn't have a license to kill, he would have a license to try terrorists in a civil court. my fafvorite james bond, george hamilton in live and let die-- and the original casino royale and favorite villain, robert dobby, great actor, and e-mailed me during the break. >> and you know robert is an amazing singer. >> i guess. >> and the thing that i like best about bond movies are the bond girls. how did we guess that? >> i'm just telling you, you know, i'm being honest, i'm he revealing my soul here, so i like ursela andress, honey rider and halle berry and jill st. john and mia kissy, and grace jones by the way some people don't know that grace jones was a bond girl and brit he ekcland as mary good night. how would you beat those ladies. >> i would never bet them. >> there we go, making accusations. >> so, what's your favorite bond moment, dana? >> well, i have a confession, i've-- have never watched a bond movie. (laughter) i learned more about james bond from this guy, my favorite, austin powers. i don't know what's wrong with me, when i saw the segment today i realized i was going to have to be truthful. >> and you even checked. >> i asked peter, have i ever seen a james bond movie. we've talked about it, no, you've not even any of them. >> you know sean connery. >> and can't say the s. >> and you know who roger moore is. >> daniel craig i know that one. >> pierce brosnon. >> i like pierce brosnon. >> i've never sat down and watched a james bond movie. sorry. >> austin powers. >> austin powers is funny. >> juan, you know. >> you're hosting this. >> we're having a conversation. >> and you've totally checked out. >> i'm enjoying the conversation, but kimberly and i haven't-- okay go first, kimberly, go ahead. >> and thanks, calling on myself. hello. i love me some pierce brosnon, a fantastic guy, great actor and loved him as remmington steele and james bond. >> mamma mia. >> that, too. >> great in mamma mia. >> great dresser, irishman and cares for women and wonderful charity and we talked about that earlier and also my favorite movie was "tomorrow never dies" his highest grossing film. >> and eric you asked me to call on you, you're a shy guy, wrap it up. >> and let's show the list, roger moore my favorite bond and very-- my favorite villain, jaws. >> richard keel? >> we don't know his name. >> what about goldfinger. >> cool, i think that was the basis for the austin powers, favorite song, live and let die. favorite movie octopusy. and favorite bond girl, ursela and dress. >> i like halle berry. >> and let's not go there with the austin power villain. >> and octopussy came in number 19 in terms of favorite bond film. 19 out of 22. >> and hang on a second. you're-- >> and actually, yes. >> now, i'm asking you, do you like jim lehrer here. >> i came prepared. >> listen to this song, this is the song adele has written for the new movie "sky fall". ♪ the way i'm so late ♪ if the sky fall and we crumble ♪ ♪ >> now (laughter) >> now, carly simon has done songs for them. incredible, the music. i like the music. look at you. >> oh, dramatic ♪ ♪ musicic, i'm singing ♪ ♪ diamonds are forever >> the title. >> and a boy band. >> kimberly guilfoyle ♪ >> it was a great song ♪ live and let die >> let the maestro intervene and say that one more thing is coming up. ♪ ♪ [ male announcer ] one in six. that's w many struggle with hunger in america. ♪ but what if there was a simple way to feedhose in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big problem and it needs a big answer. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech mastpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ >> hey, it's time now for one more thing on this friday, eric? >> some sound bites speak for themselves. >> you know the phrase always used, obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do in one regard. we want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all of that money going to the super wealthy. >> and the obama campaign is going like this. did someone call the vice-president a liar for us? can we got that out there. >> and saying the media should start writing the headlines. that's a bad one, i can imagine they're not happy with that. >> and i said peter kniffin, i meant to say david nifvif. >> i live in new york and i'm stressed out don't know what to. the doctor says get a dog. i finally went a dog his name is caspar, he's adorable. >> you're lying. >> no, caspar, i picked him up this week, he's the smartest most lovable dog on the planet and for the next three to four months, i'll be discussing caspar on this show at every opportunity. >> oh. >> look the at him. >> he's so cute, caspar. lovely caspar. >> i have a question. do you have a sparkly backpack. >> where i keep caspar's things. >> do you remember the movie "single white female", yes, looks like it's true and two cute, cuddly stories, involving puppies. and a ten-year-old girl who lost her dog, and sad about it and she asked to give her piggy bank to get the dog back, but the dog was brought back on thursday. and she's very happy about it. and very happy. >> found 80 miles away. >> which is unbelievable, a little dog. >> i think something was involved and the second one was john dolan hospitalized last week and dog zander had to be by the owner's bedside and broke out of the home and made it to the good samaritan hospital more than two miles away just to be by his side. >> a great story. >> and a quick one, which i did a measuring, online, actually more like speed dating, do it in person and had the first online chat today. >> you're speed dating? >> no. >> where do they stock up. >> keep listening, and you can read the transcript and kimberly one of the questions from a young lady just got offered a new job in the a different city and afraid to leave her family. bonus round mentoring question, what do you think about this. >> god opens new doors, be courageous and try something new, worse case scenario come back home. i moved to new york didn't know anybody here and worked out here and genuine friends. >> must have been tough for you. >> i'm serious, try new-- >> speed dating. >> oh, no, minutemen to mentori. >> a great week in politics, you know, unbelievable, which is this is the animal edition of "the five" big bird had a big week and now there's big bird account because governor
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Oct 5, 2012 6:00pm EDT
euros wait for a break of 129. >> rebecca. >> buy canada and sell the yen. i like big bird too. >> that's it for us here on "money in motion." friday at 5:30 p.m. eastern. have a great weekend. >>> i'm jim cramer, welcome to my world. you need to get in the game. he is nuts, they're nuts, they know nothing. i always like to say there is a bull market somewhere. "mad money," you can't afford to miss it. i'm cramer, welcome to "mad money" to cramerica. other people want to make friends, i want to make you money. my job, not just to entertain you, but to educate and teach you. 1-800-743-cnbc. why didn't today's rally hold up, despite the better than expected unemployment number. with the dow closing 35 and s & p declining .74%, declining. and the nasdaq sinking? it's because earnings season is next week. and people are convinced that earnings will be subpar. as someone who fares high every stock prices, all i can say is hallelujah! you couldn't have a better setup. when everybody thinks the quarters will be terrific, you better believe you are going to be hammered. but so far we've had disappointments from very high-profile companies. intel, federal express. they have helped set the barlower than would otherwise be. and that's a good thing. so what's the game plan for next week? many markets are expecting downside surprises. and a major impact psychologically and allows to us be more forgiving to companies that offer inline guidance. those companies who hurt their own stocks by not raising estimates on the call. with inlooid guidance, they can get off scot-free. and it is about reduced expectations. two unusual aspects to the earnings season. a lot about the fiscal cliff and an excuse for everything to missed sales to not take chances. we are going to have to an hial on a case-by-case basis on who means that the business could get hurt by the fiscal cliff. and second, we'll get a surprising tail wind. no one is talking about this. the dollar has been akrendiasce. most make forecast on where the dollar was last when they reported. given that a weak dollar leads to higher earnings as companies that do overseas sell their goods in stronger currencies, there will be more profit than you thought. the f corp was on. they pegged everything on 122 euro, and now it's 129, 130. the market is surprisingly stupid about these things. and amidst all the gloom, we could see earnings that beat expectations, because they were set using a different exchange rate. w wow. that might have been the dollar. no, they will say it's a good quarter. it will be set off by two quintessential american companies that are having things dictated in part by china first, alcoa, the old aluminum corporation of america and on tuesday afternoon, and i think that while the company is operating surprisingly well, earnings will be hurt by hig high-chinese aluminum. they don't want to set down their plants, because it would layoff huge numbers of of people over there, and they are afraid to do that. alcoa sells very hot marks, aero, automobile, and gas turbines, and don't forget because of its recycling qualityiqualit qualities they work in cans. and they make the beautiful aluminum ipad skid. the aluminum in construction is awful. t alcoa is hard pressed to get to the mid teens. where it would be if china weren't producing 5 1/2 million tons of aluminum it doesn't need. we'll also hear from yum brands. it's as american as kentucky fried chicken. judging by the slowdown in nike shoe sales, the colonel probably didn't sell a lot of chicken. kfc doesn't taste like a nike sneaker, but it's about people's moods. i bet it isn't bad. i like yum in the lower 60s. wednesday morning, earnings from cost come they got me thinking i'm too negative about the stock, but if there is one point i must never stop driving home here, owning expensive stocks risky in an environment when chipotle could be down 100 points. remember that day? that day changed my mind. rain in the risk, even if it means the reward will be crimped. unlike the movies, in real life, greed is bad. michael douglas and more importantly kirk douglas are huge fans of the show. i met them, i'm not kidding and i can just say as a kirk douglas fan, that's as great as it gets. i would link kirk's book if this were amazon, but it's a tv show. safeway meeting reports on thursday. so many -- this is the quarter. anyway so many people have tried to call the bottom in the stock, and all they have is thousands of shopping cartwheel rots on their backs. i'm thinking safeway will be like the checkout line, ten points or less. whole foods, not even that expensive when you factor in the growth rate. a re-enactment of safeway's quarter. okay. now, after the close thursday and this j.b. hunt transport, the trucking company, i don't spend enough time talking about how the truckers are doing. i'm used to the poor performance of a group i don't use much. and the transport index can move the overall market, it gets better. unlike fedex, ups, they aren't hit by asian and european slowdowns and don't carry two cargos with declining car loads, crops and coal. >> all aboard? >> no. you want big? friday is big. big, big, big. we have arguably the best international and best domestic bank reporting. jpmorgan, wels fargo. i'm critical at jpmorgan, which means i'm no locker wanted at parties i didn't want to go in the first place. the rub has been astonishing. i wouldn't be afraid to cut some back. the charitable trust, still a large position. the exact opposite coufor wels fargo i think it will be stronger than we expected. i'm focused on germany. let me tell you why. no one wants to see weak numbers anywhere. pain, job loss, but european cooperation, it began when the pathetic data from poor countries caught up with richer countries and the richer countries realize they are not immune to the crisis, and we should pay attention to the number that comes out monday morning. if it's bad, more chances we need some reports, and anything out of china is good is welcome. we need bad from germany and bad from china. and finally, fedex, investor meeting on tuesday and wednesday. we are of perhaps the mistaken opinion that all of the bad news is out of fedex and the company will have something positive to say. we have plenty of negative analysis going into it. even tepid analysis could be welcome. going into earnings season, everybody is expecting companies to report lousy results and when the bar has been lowered, stocks can go higher, even on news that's only decent. and i don't think they will get it. let's go to chris were. >> caller: hey, jim. big booyah from westchester, new york. >> my sister is up there. tell her i said hi. >> caller: i will. zynga and activision. do you think that activision could have a record fourth quarter? >> i don't like that division or that business. zynga too early to get into zynga. >> let's go to steve. steve-orino, you're up. >> caller: nice to meet you. >> how are you? >> caller: first off, i'd like to thank you for encouraging investors to manage their own money. if i can do it, anybody can do it. my question, to the t-mobile, psc deal. i would like to know, how will this affect the telecon industry? >> this is my theory on it. thank you about the kind words. i think t-mobile will merge with psc and bring it public and that will get it off telecon sheets. that's important. they don't want anything to do with t-mobile and that this is a way out. i don't think it will affect us so much. >>> ike in new york. >> caller: hey, jim. how are you? >> real good. how about you? >> caller: good, good, good. a big apple booyah to you. my question is about the comments shorting because of the taco bell competition. i find it difficult to compare the two. should i feel good about chipotle, go with yum? >> i like yum in the low 60s. i don't think it's taco bell that's causing problems at chipot chipotle. it's a little expensive. business isn't that good it will look smart, but you'll never know, because you are never going to see numbers of how many people went to taco bell that used to go to chipotle, but chipotle is heavy and the multiple is high. i don't mind it here deep in the money calls, that's all. earnings season is back. the good news, already a lot of bad news, the bar has been lowered, so, therefore, the expectations are so much easier to beat. i had have to analyze case by case who is out by them and who is telling the truth about the fiscal you cliff. >>> coming up, precious plan? the fed has the printing press working overtime, but could the dollar's dilution help book you a ticket to a pot of gold? an exclusive with the ceo of sandstorm gold is next. >>> later, smart speculation, as science and technology converge, ground-breaking developments in medicine continue to emerge. cramer's zeroing in on one biotech speck that could be on the verge of a major move. all coming up on "mad money." >>> don't miss a second of "mad money." got @jimcramer on twitter. have a question? tweet cramer at #madtweets. send an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> i'm always telling you you need to own some gold. that's been real good advice, given the tremendous breakout the precious metal. you have had to buy actual gold bouillion. if you don't want to lug around the gold bars, there is the eft, which mirrors the price of gold. gold miners, too many ways they can screw up. these companies are dealing with problem after problem after problem, which is why i stopped recommending them ages ago. but last week for speculation friday, i highlighted a company that represents the middle ground, a way to profit from increased gold production, and the company is sandstorm gold. it invests in gold mines, when a miner needs capital, sandstorm gives them money up front for a percentage of gold they produce in the future. it's like a banker for gold miners, which can have a hard time getting financing. in the week i recommended the stock, i think it's still a good play. this a complicated business model many of you are unfamiliar and need to be walked through it. tonight, we'll hear from sandstorm ceo about how the industry really works and management does work tremendously. you have to pick the right gold mines, let's talk to nolan watson of sandstorm gold to learn more about how his business works. come on in, man. >> thank you. >> thank you. >> i'm a bank and i see gold is going higher, why can't i do what you do and cut out and say i know what? i'm going to go in with these guys. >> banks barrow money, and they can't take on the same amount of risk. at sandstorm, he with are 100% equity financed. we can sign a contract, be in a contract the next 40 years. >> why can't the gold miners issue equity and get a good return? >> often they do. we have been able to get a lot of deals, where the management of the gold mining company own a lot of stock, so they feel the pain of the dilution associated with giving the equity. >> that makes a lot of sense. we profiled franklin navarra. how many of these pseudo banks can have you? >> franklin nevada, they are close to $10 billion market cap. and so is where i used to work. we're just a billion dollar market cap. no one between discuss the other guys. we'll work in that niche. >> why don't they get all the good prospects and you guys get -- you go to places where -- as the ceo of rangold told me,sissies don't go. >> this is material to us, not material to them. we don't have to compete for that. >> why can't i -- give you this question. all the questions i got after i did franklin nevada and your company. why can't i do that business? why can't i raise that money and pick a gold miner i like? >> there is a significant amount of experience and this is the hard part of the business, which deals to do. there are a couple of guys that have started trying to make a business like this, and it just bought absolutely terrible assets. >> you know that, because your years at silver wheaton. >> exactly. and when we go to a mine and do due diligence, the average age of a guy we send is 70. they have a lot of experience. they tell us what to do, whatnot to do. >> what if gold goes down? >> it will reduce cash flow. we buy gold at $400 on average and sell it whatever the market price happens to be. the beauty of the bits model, we can never lose money. and go f gold goes down, there are a lot of gold miners that will be losing money. we'll be making less. >> explain why you don't end up losing money if gold goes to $1,200? >> absolutely. the contracts, the way they work, we buy gold at a fixed price, and it's prenegotiated, in the contract, and the average price is $400 per ounce. we have mechanisms in the contract to say if for some crazy reason gold goes below $400, we buy it lesser the market and that price, so we can't lose money. >> i think you could throw off a lot of cash. franklin nevada talked about the dividend. are you seeing that or in growth mode? >> this creates free cash flow, and we have told shareholders we will become a dividend paying company. a significant amount of growth for the next 24 months. we want to get through the next major push of growth and declare dividends. >> let's talk about where gold is going. you have seen the show, we're giant bulls of gold. you think gold can go to $2,000 in the next year? >> absolutely. i would be surprised if it didn't. >> that is because? >> right now the politicians in the u.s. and politicians in europe, combined with central bankers are my best friends, they keep printing more money, more money, more money, and as they do that, people move to gold, and the price of everything is increasing in u.s. dollar around the world. >> how is it that all of the gold miners we talked to, the getting it out of ground, the actual supply, so much hard than when we started the show seven years ago? >> a lot more competition, and a lot more things like truck tires, cost $30,000 for a tire, which used to cost $2,000 to $3,000 per tire. they are getting bigger and bigger and bigger means more complex, more problems. >> you're in a lot of countries. you're in brazil, in canada. is there gold -- other than antarcti antarctica, are there still gold mines that are worth it? if we went out to nevada -- would it be worth it? in mexico, a ton of gold mines that were closed because gold was $200. if we get to $2,000, will lots of mines open? >> the expiration right now, the gold mines are much lower grade gold mines, you have to build much bigger mines, they are more complicated to build, and they are not economic to build. there is lots of gold to be found in nevada, but every time they find it, it looks like an uneconomic gold mine. even if it is, it will take ten years to permit it in nevada. >> i think you have that great niche. so glad you watch the show and came on, these are the kinds of companies that need to be bought, if you don't want to own the gld. i don't want the individual risk of the gold you deal with. thank you to sandstorm gold. it had a big run since last friday. if you like gold, sandstorm goes higher. >>> coming up, smart speculation. as science and technology converge, ground-breaking developments in medicine continue to emerge. cramer is focusing in on one biotech that could be on the merge of a major move. >>> remember that therapeutics, the tiny biotech stock that like tripled on wednesday. incredible move. it seems like the easy money has already been made, but other biotechs have the same type of thing going and have potential to give you similar gains. i doubt that any others go up 199% on the day. what could be the next cerepa? if you speculate on high-risk, high-reward, the sweet spot is those who develop orphan drugs, drugs that help people who suffer from extremely rare disease with there is no cure, but it's a small case. serepta has developed a drug that helps people who have muscular dystrophy. they will be able to charge hundreds of thousands of dollars a year for a course of treatment if the fda gives its seal of approval. you want to put on your daddy war bucks hat. get your hands on as many orphans as possible. the more the, the merrier. i want to circle back to another orphan drug. rt x. v vertex pharmaceuticals. i recommended this stock two years ago as a hepatitis c play with the cystic fibrosis kicker. it has had a 73% gain. but the thesis has now flipped. vertex is now a cystic fibrosis play with a possible hepc particular. and that's better, because cystic fibrosis is a terrible, uncurable, genetic condition that messes up the body's ability to regulate sweat product, certain aspects of digestion and mucous that fills up your lungs, which makes it hard to believe and ultimately destroys your lungs. a terrible disease. a disease that affects about 30,000 people in the u.s., 70,000 around the globe. a pretty large population for an orphan drug to treat. back in january, vertex got fda approval for a drug that helps cystic fibrosis patients with a specific gene mew tigs, present in 4% of patients. but experimental drug called v x 809, which helps to improve lung function from half the people who suffer from cystic fibrosis. vertex came out with very bullish data on v x 809. $20 in one day. 55% move. remember this is biotech, people. and that was interim data from a phase two study. v x 809 with the drug not only worked, but worked really well. it seemed like the stock would be up multiple days. but they gaffed investors, may 29th, saying they had screwed up the data analysis. the actual data was still pretty good, not as good as originally reported. not only bad news, but it called question into management competence. and they quickly lost 7 points. let me say, i do not like that vertex misinterpreted its own data and took nearly a month to correct the mistake. a seriously amateur move. unacceptable. that said, i think the opportunity is simply too good to ignore. i'm swallowing that kind of, since the company made out with more positive incremental data, and the market agrees. vertex slowly and steadily climbing up to 53% and change. it will take a year for the trug. once that is done, and the fda approves this could be a multimillion dollar blockbuster. colidico costs $250,000 a year for treatment. the company could probably charge the same amount for v x 809. assuming that vertex changes $200,000 for v x 809 that could mean $6 billion annually. how much could vertex be worth? $6 billion from cystic fibrosis drug is equal what gilead makes every year, it's a $52 billion company, and, of course, a big chunk of that is the in the pipeline. and let's say vertex and cystic fibrosis might be worth half of gilead, $26 billion, you could still catch doubles from here. that won't happen overnight. it could take several years. how about alexon. and it's currently doing a billion dollars, we like it so much on this show, you know that. it's growing like gang busters. if vertex could be $6 billion in sales, doing comps here, the company worths to be worth at least as that of ale x ion. the data may turn out to be less positive. everything leads me to think that the drug will get approved. i am trying to put numbers on things. vertex, a catalyst on things. on thursday, it will present its final two data on the north american cystic fibrosis. once we get final results, that will allow the company to put the worries about the misinterpretation of the interim data behind it, and based on what we've seen so far, the data next week will be pretty darn good. i want to get ahead of the conference, but only if you can stomach the risk. bottomline? the lesson from serepta? it pays to invest in biotechs who are developing orphan drugs? just remember, if you buy vertex ahead of the conference, are you speculating, and maybe steepen the money calls out nefrl months. if you are risk averse, you can't afford to wait. this drug won't hit the market, if ever, for over a year, if you don't feel like playing the converse, then we have ages to wait for a pullback and then and only then buy the vertex. >>> let's go to greg in michigan. how are you. >> caller: go tigers, by the way. >> i love the tigers. >> caller: jim, can you give me your opinion on tag health care, buy, sell, or hold? >> i don't like the hospital business. if i want to get in health care, i am always going to do the same thing. i will tell you that i like hcn. that's health care that bought sunrise senior living and universal health services. let's go to jill in new york. jill. >> caller: booyah. hey. >> hi. >> caller: hi. the stock is currently trading near a 52-week high. they have a long history of selling short of wall street targets, but the company is tapping on an aggressive new strategy. pssi has received mixed reviews, and there is a potential takeover target by ups and investors buy the stock at $26 price target and goldman sachs see little hope for pssi, and instead said $18 price target. you be the tiebreaker buy or sell the stock? >> the ak, we did another one of these things with costco. let's too this. i think it can wait, jill. next week, i'll look at the positive and negative and we'll make a decision. i don't want to say one or the other. i'll do the work and come back. >>> greg in new hampshire. >> caller: big booyah. health care and the i.t. space. what do you think of surna. >> last quarter from cerner was not great. it has to deliver great quarters to maintain the momentum. i'm backing away from cerner. this is not a new position. and in regard to shortfall, but when they are a momentum stock, they have to shoot the lights out. you don't have to. the open drug business is very big. if you think the cystic fibrosis drug will be good, then have you a terrific speculation going. this is the real deal. don't move. >>> coming up, send cramer an e-mail to madmoney@cnbc.com or tweet him at #madtweets, and he might answer you on the air on a new edition of mad mail. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a stone. i don't want skechers or deckers. > >>>. >> ken in california, what's up? >> caller: thank you for your help and guidance. love your show. jim, a vnbbott labs, is it overbought at this point? >> we were discussing this, i say you can't buy it here, steph. have to let it pull back. let it pull back to the mid 60s, but it is going to split. a great situation, but you're paying up too much right here. fred in new york. fred. >> caller: fred in new york, booyah. cypress semiconductor? >> oh, fred. we can say the same thing about intel. intel yields 4%. i see no reason to own cypress. i want to see the quarter. not an apple supplier, and by the way, apple, apple acts terminal, but i don't think they are. i can't own cypress. >>> linda in new jersey. >> caller: booyah from morristown. >> i have to get to the urban table later. >> caller: my stock c bnbs corp. >> 20 million a year for "i love lucy," that's the kind of business i want to be in. >>> greg in new york. >> caller: cramer, how are you? >> i'm good, how are you, my friend? >> caller: hanging in there. i'm not going to give you a booyah. i'm going to congratulate you. been with you since the first show. >> yes, yes. >> caller: with that being said. >> that's nice. >> caller: before i go and give you the ticker, i know where you're going to go with it. one other thing. congratulations on your third round pick, because once vick goes down, have you no idea how great nick vols is. >> san antonio guy from west lake high. he has a connon for an arm. totally agree with you. in the pocket, 6'6", we have to focus on stocks. >> caller: i had to give you that. all right, with that being said, the stock i'm going to give you is not an airline and i know you know of it, it's air castle. >> just the opposite of nick fols. that airline leasing business is not for me. dodi in florida. >> caller: boo, boo, boo, booyah. >> as long as you don't call me zelda. >> caller: victor group. >> i like the yield. by the way, my favorite is p.m., philip morris, and that's the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade. ♪ hit me baby one more time >> this is you what need to know. this is supposed to make people a lot of moo law. the only one problem, it doesn't. i call these kind of patterns love blankets. something to make you feel more secure. even as it's nothing more than a piece of clothe. like my baby when i was going out. give you comfort when there is no reason for it. nothing but a lovie blanket. check that. that's when the quarterback considers whom he should pass the ball to. >> hmm. >> i'm going to keep the ball myself. >> wow. >> ludicrous. okay. oops. here we go. ball, i'll just hold it. new york style and old london. here it is. always old london. a brand i know. american staples, particularly in the cramer house. i love this. i always have this. i have these in my closet. >> bagel crisps, and melba toast, which is what i feel like right now. greatest brand. j.j. flats, i'm j.j.c., these should be mine. i love these. >> i love melba toast. cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> before i answer your tweets today, a lot of homework this stuff, i'm stumped on a lot. that's a lot. joy asked me about generac holdings. it makes home based generators. it is the market leader in this business and entering the commercial business with the first cost-efficient opposite for small and medium sized businesses. a good company. is it a good stock? sells 11 times earnings, 12.6% long-term growth rate. that's positive. we miss aid special $6 dividend they gave in june. a lot to like going forward. generac had a great market, despite the housing market. we want to power it up. thanks, joy. this was just a terrific idea, and thank you for bringing it to my attention. i reiterate, our viewers are the smartest viewers on any show. on tuesday robert called about 3-d systems. at that moment, the chart made they that there was something wrong with the company. i decided i needed to analyze the fundamentals, since then, 3-d popped 5%, still down 16% in the last 30 days. what's going on? this company makes 3-d printers to use to make functional parts and products. they can make parts in their office rather than sending them out to production. i bet 3-d printers will be everywhere in ten years. why is the stock so weak if it's so great? simple. one word. competition. jpmorgan sees a direct threat to the business from form labs which may even take share from 3-d systems whole product line in the future. and they only met expectations, rather than beating them. and that is unacceptable for a high-flying stock that trades 25 times next year's earnings. absolutely cool. doesn't mean you should own the stock. see this quite often on the show. cool product, bad stock. i recommend this one. look, here is what i recommend you do. stay on the sidelines until we get signs that the company's revenues are accelerating again. and then maybe we can get it on tuesday, mark in maryland asked me about gourdmanrdman's stores for you home gamers. how the company has been doing lately. i didn't have the month in front of me. 78 stores selling apparel and home decor in 18 states, mostly in the midwest. this is selling a wide array of merchandise 60% off department and specialty home price stores. kind of intrigued me. it turns out earlier this week, gordman's lowered revenues and earnings, due to a decline in same-store sales. only kohl's was that bad. the cut was driven entirely in a decline in traffic, that's terrible. and markdowns seen since labor day, that's worse. look, i'm surprised by these results. i thought g-man was in the right spot as a regional and national player, but a negative comp is troubling. take a pass here, although i will sanction taking the g-men over the browns this weekend. all right. let's answer some of your tweets. over to my mark. this is a mark. try to give you tv instruction, kind of like the hashtag thing. first tweet from@l. barto 777. what is your position for guess? coming in with a high end line in november. coors, coackors, coach did well. >> i have stumbled on guess many times and do not like it. it's an aspirational brand that people have aspired to, and then kind of stopped aspiring to. next tweet from @kylenew york man. he tweeted. a web bush an his raised price tact on buffalo wild wings. a little late? yes, late, but this is better late than never. why do i say that? i say that because i think buffalo wild wings has been suffering from high-cost wings. wing prices go down, that stock will see $100. "mad money" back after the break. >>> not everything is political, for heaven's sake. we had the addition of 114 sn,0 jobs, hourly earnings higher than expected. nice revisions up from previous months, showing in particular that the report from august had understated the amount of job creation going on. i'm putting all of this data in flat, dry terms, because it's flat and dry. not much to it. no drama. a stock market bull, good to see unemployment below 8%, the lowest since the beginning of 2409, but far worse than a half dozen years ago, neither encouraging nor discouraging when you have to worry about the upcoming fiscal cliff. this solves the mystery of how retail could be so robust. here is what got me. because i gave the dry summary on the area, i was instantly the target of the anti-obama crowd, because i didn't call into question how the unemployment number got below 8%, i didn't suggest that number might have been rigged to look good for president obama. i was pillared as a house man owned by the democrats. please! look, my philosophy is crystal clear. you can't look through it. don't bother. you can't question its authenticity. you can't say it's political, and more importantly, can't question its legitimacy for one party without questioning it the other. i understand the accusations from partisan people. they feel robbed of one of the best talking points, unemployment rate stubbornly above 8%, to attack those who accept the number and don't offha offhandedly accept it is wrong is outrageous. i don't like how the number is put together. i would outsource the compilation number, and you can calculate data much faster and more efficiently. i look at the labor department the way i looked at replacement referees in the nfl. terrible, but nonpaerrtisan, equal-opportunity mistake makers. the numbers i take at face value your honor obama and the same way i did for the republicans in power the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their mind. what a shame that the charge can be even made, let alone made by people i respect. honestly, people, more to life than who wins in november. stay with cramer. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch, and you could save hundreds. liberty mutual insurance -- responsibility. what's your policy? >>> seconds away on the kudlow report, is the 7.8% unemployment rate for real? everyone says no, but what if the economy is getting better. think of it. you know who says it's not getting better? jack welch. he'll tell me why in a moment. despite the rally since 2009, investors have yanked hundreds of billions of dollars out of the market. is there a lost generation of investors? can they come back in.
NBC
Oct 5, 2012 6:00pm EDT
number. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president obama was in fairfax. the president talked about more than just jobs today. >> hello, patriots. >> report
NBC
Oct 5, 2012 4:00pm EDT
jobs numbers. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers." >> it's really ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivation saying the numbers are real. so, while romney launches tv ads promising to do better than president obama -- >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is still not enough to significantly lower the unemploit rate. the next jobs report comes out just four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >>> health officials across the country are bracing for more cases of infection from that fungal meningitis outbreak. today the virginia department of health says about 630 people received tainted injections here. the patients have all been cont
FOX News
Oct 5, 2012 6:00pm EDT
people working part-time or from their homes. some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger mitt romney said of the jobs number, this is not what a real recovery looks like. and romney was also campaigning in virginia, running mate paul ryan said of the number of jobs created said we shouldn't have to settle for this new normal. reprizing one of the convention themes that americans deserve better than mr. obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anyb
NBC
Oct 5, 2012 5:00pm EDT
more jobs. >> some critics question the better than expected hallstatt thread before the election. jack welch wrote, unbelievable jobs numbers. the chicago guys will do anything. can't debate? exchange members. others say that the data is credible and they stand by their work. >> i think the chance there is any intervention or political pressure is really zero. >> there is only one more jobs report could go, four days before voters cast their ballots. >> why did the unemployment rate dropped so much this month? >> if came down from 8.1 to 7.8. part of the reason is the number of people employed it jumped substantially and the number of jobs created back in july and august are much higher than the government had originally estimated. many of those recent job gains in of the health care and transportation sectors. >> you have to expect this could impact a presidential race. >> absolutely. of candidates responded, we expect them to continue to spend those numbers. no president has been reelected with the unemployment rate collected above 8%. coming under that barrier could improve the reel
FOX Business
Oct 5, 2012 5:00pm EDT
people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in employment in one month. that would be 135% rate per year, or some big number like that. that's crazy. on a compounded basis in economy growing only 1 1/2% a year. that's just silly. my feeling it is a lot of folks, home based businesses. pick up a little more here and there but they're not really fully employed. melissa: gary, do you think that what is g
FOX News
Oct 5, 2012 2:00pm PDT
. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against givi
CNN
Oct 5, 2012 9:00am PDT
are? >> well, ashleigh, we're seeing a much different story here in elkhart, county, indiana, and this is an area that absolutely got hammered by the recession. unemployment at its worst. was up about 18.5%. now because so many manufacturing jobs have come back, it's down hovering just over 8%, and we're at wheeland designs, and they make seat covers for airlines and automobiles and other things. they're hard at work here. in fact, the problem here is they don't have enough potential employees to fill all of the vacant positions. they've already added 70 positions at this facility. they're looking to add more, but they can't find qualified workers. >> thank you for the last hit of the day, and stay tuned for my colleague suzanne malveaux and newsroom international. >> welcome to "newsroom international." i'm suzanne malveaux. here's what's happening right now. 32 days until the election, and now this. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. >> nation's unemployment rate has dropped now below 8% for the first time in almost four years. the labor department figures just out this morning show unemployment now at 7.8%. we're covering all the angles of our story. christine romans is live in new york. jessa yellin is in washington with the political impact, and richard quest joining us from london with the global perspective. want to go first to christine. let's zero in on the numbers and what it means here. 114,000 more people now going to work. what does it say about the state of the economy, and where the jobs are now? >> it says, quite frankly, suzanne, that you're seeing steady hiring. not robust hiring, but steady hiring, and when you look at the unemployment rate dropping to 7.8% we know that there are people who are getting part-time jobs. there are people who are starting their own companies or starting to work for themselves from home. that's what is moving those numbers. you see that the private sector added 104,000 jobs, and the government sect or added 10,000. we saw health care jobs created. more than 44,000 there. this has been a trend for a couple of years. about 16,000 jobs lost over there in the manufacturing sector, which is, of course, very, very important to some of these battleground states, suzanne. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract work, so that's why sometimes thercran bwe no, they're noin t bt of bls cooking the books for some political reason. i would bring this one point, suzanne, if they were, wouldn't they have done that after the president gave his speech in charlotte? instead he gave a speech in charlotte, and it was a bad report the next day. >> we have to touch off there, because mitt romney is speaking to an event in west virginia. let's listen in. [ chanting mitt ] >> thank you. thank you. thank you. keep working in this area. wonderful couple that has a farm that now they wonder whether they'll be able to keep the farm because the husband lost his job at the coal mine. these are tough times in this community. it is calm and confidenand patriotic people, but we'll bring back america. now, somewhere congressman morgan griffin is here. where is morgan griffin. where is he hanging out? is he over here? hello, congressman. good to see you. thanks for being here. you got to make sure to re-elect this guy. morgan griffin is one of the best. and, by the way, we have the governor here today, but he is down in florida campaigning for me, so thank you to bob mcdonald for all the work he is doing. the great governor. and you may know that a couple of nights ago we had a debate. you may have gotten a chance to see that. and it was a good experience, i think, for me, for the president, for people who watched. it was a debate of substance. we talked about the issues that america faces. i got the chance to ask the president some questions that i think people across the country have wanted to ask the president. such as why it was that when america was needing jobs so badly, he was pushing for obama care instead of working to get jobs to the american people? got the chance to ask him why there's still 23 million americans out of work or stopped looking for work, struggling to find good full-time jobs. i got the chance to ask him why it is the middle class is so buried in this country. incomes have come down. prices of gasoline have doubled. prices of food and clothing have come up. they've beenburied. got the chance to talk about that. got the chance to ask him why he is cutting $716 million from medicare. that's not the right thing to do to pay for obama care. also got the point out that he is in favor 6 a tax plan that will kill 700,000 jobs. he got a chance to answer them, or not answer themes as the case may be, but he got a chance to talk about where we are going in the future. what he described is an it rags of the status quo. is he going to keep doing the things he has done in the past. is he going to have a stimulus, if he can. he'll hire more government workers if he can. he will pick winners and losers like fisker and tesla. he said he doesn't like picking winners and losers. no, he just likes picking losers. and, of course, is in favor of higher taxes. yesterday the vice president told the truth. he said, in fact, they do want to raise taxes $1 trillion. i don't want to raise taxes on any americans because i want to create good jobs in america. i would take america in a very different direction. i want to makes sure our policies encourage job growth, and i have five things i'll do. you heard me describe them time and again, but five things i'll do that will get jobs growing in this country again, and growing right here in this part of virginia as well because, number one on my list is to take full advantage of all our energy resources, our oil, our coal, our gas, our nuclear, our renewables. and i know you care a lot more about coal than the other ones i just mentioned, so let me just remind you that when the president was running for office, he said that if you built a new coal fire plant, well, you would go bankrupt, and the head of the e.p.a. has also said that the regulations on burning coal are now so stringent it's virtually impossible to build a new coal fire plant. well, i don't believe in putting our coal under the ground fore. i believe we should take advantage of it, put american workers back to work, and use a resource that's abundant and cheap and can be burned in a clean way. by the way, i also believe in oil and gas. i believe we should develop our resources. i believe within eight years america -- north america, rather, should be energy-independent, and that requires all those sources of energy. that will keep the price at the pump moderated. it will keep the price of electricity moderated. it will also mean a lot of good jobs for americans. it's been calculated that if we're really serious about energy, really take advantage of the energy resources we have that you're going to create some 3.5 million to 4 million jobs. i know right now you're thinking about one job, your job. i'm thinking about your job as well person by person, every american deserves a good job. people are hard-working right here in this community. i want to make sure your jobs stay here, grow here, and provide a bright future for you and for your family. now, i also believe in addition to energy that we have an opportunity to create more jobs by selling our goods and services abroad, so i want to open up more trade with other nations, and if china is stealing jobs unfairly, i'll crack down on china. number three, number three, i want toak our people have the skills they need to succeed so we have a lot of government training programs. that's all fine and well except there are 47 of them federal government training programs, and they report to eight different government agencies, and so the overhead cost of all of this burden and bureaucracy is just killing. i would like to take the money the federal government is spending on training, bundle it up, send back to virginia its fair share and let virginia do what's right for the people of virgia with their trading dollars. let me mention as my number four here to get this economy going and to create more good jobs, let me mention something about the deficit. this idea of every year america is spend and the federal government $1 trillion more than we take in is bad for our economy, it's also bad for the next generation. as i said during that debate, i think it's immoral for us to keep spending more than we take in, so i will cut federal spending. i will cap federal spending, and i'll get us on track to a balanced budget. and people ask me how i'm going to do that, and i said, again, as i said the other night, i'm going to cut out programs we don't absolutely have to have, and number two, i'm going to make sure that some programs go back to the states where they can be run more efficiently and effectively. we're going to cut back on the size of the federal government and one of the programs i'm going to get rid of is obama care. we can't afford it. we don't need it. it's the wrong way. and, finally, they mention a fifth idea, and that is that i want to champion small business. i want to make it easier for entrepreneurs to start businesses, to grow, and i know how to do that. the president has an unusual tax plan. his plan is to raise taxes. he wants to raise their taxes from 35% to 40%. by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll help small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this morning on job creation this last month. there were fewer new jobs created this month than last month, and the unemployment rate, as you know, this year has come down very slowly, but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. if you just drop out of the work force, if you just give up and say, look, i can't go back to work, i'm just going to stay home, if you just drop out altogether, why, you're no longer part of the employment statistics, so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day that the president got elected, why, our unemployment rate would be around 11%. that's the real reality of what's happening out there. then, of course, even those that have jobs are having a tough time. the middle class is being squeezed with higher and higher costs and with incomes that have gone down by $4,300 a family. this can't go on. i'll tell you this. when i'm president of the united states, when i'm president of the united states, that unemployment rate is going to come down. not because people are giving up and dropping out of the work force, but because we're creating more jobs. i will create jobs and get america working again. and so the american people have a choice. i think in both men we have individuals who care very deeply about our country and care about the people of america, but we would lead america in very different ways. this president calls his policies going forward. i call his policies forewarned. all right? we know where they head because we've seen them over the last four years. we've seen 23 million people out of work. we've seen half the kids coming out of college not able to get work or college level work. we have seen incomes go down. we've seen trillion dollar deficits. the road this president has put us on looks like europe. europe isn't working in europe. it will never work here. look, the president -- if he is re-elected, this president is going to have trillion dollar deficits every year. we would end up with about a $20 trillion debt. it's about $150,000 a family. you don't see that money. you don't see that debt, rather, but you're going to be paying the interest on it all your lives, and then your kids are going to be paying for it, and you're going to wonder why this government is taking so much, and a lot of it is just to pay for the interest on all this debt we're racking up. that's the wrong way to go. he would also take us down a path like europe which means chronic high unemployment. they have high levels of unemployment and low wage growth. their countries, as you know, are on the verge of fiscal collapse or fiscal cal amity or crisis. that's the path that he is taking us on. i'll take us on a very different course. i will help create 12 million new jobs and rising take-home pay. >> mitt romney in virginia to talk about the importance of coal. also putting his own spin on the new unemployment numbers at 7.8%. mitt romney making the case that the same amount of people, number of people in the work force, will look more like 11% unemployment. we'll get a fact check of that and also give you the political implications up next. years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. 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[ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >> we're going to bring in jessica yellin. >> it looks like more than 11% unemployment. we're going to fact check that and see if that's -- how is the administration using these numbers today? >> well, the president has already spoken about them, and made the case that it's a sign that his policies are working and moving the nation in the right direction. he did not make the case that this is, you know, a great triumph or some sort of enormous victory because the economy is still suffering and people are still suffering, but, you know, the slogan for his cmpaign is forward, and he was arguing that this is proof that his policies are moving the nation forward. here's what the president said earlier. after losing about 800,000 jobs a month when i took office our businesses have now added 5.2 million new jobs over the past two and a half years. this morning we found out that the unemployment rate has fallen to its lowest level since i took office. >> suzanne, you know as well as i do this is a symbolically meaningful number because one of the war of words 8% was the marker that two sides have been tussling over. the fact that it's fallen below 8% has is -- >> you talked to her about her amazing -- take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? 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[ chanting ] >> angry, frustrated people feeling powerless to stop the civil war in syria. this is hama. this is where opposition groups say more shells landed today. >> after 19 months in fighting in syria they estimate that 19,000 people have been killed. opposition groups put that number much, much higher. more than a million people, half of them children, they're refugees. they're even too afraid to go home. there's also another victim in the civil war too. we're talking about the country's rich, important ancient history. this. >> some of the greatest landmarks in ruins. now after 19 months of fighting and civil war the global heritage fund says many historical treasures are being destroyed. the ancient villages of northern syria were named the unesco heritage site in 2011. the region is home to monasteries, ancient churches b. many of those ancient ruins were knocked over as seen in this amateur video. possibly used as roadblocks in the fighting. >> and syrian army tanks have moved through the region trampling some of the landmarks. albara was once a popular tourist destination. now the ancient tombs are damaged by shelling. this has been around since the time of the crusades, considered the most preserved military castles from that era. now this heritage site is being used as cover by rebel forces defending themselves against the government's heavy artillery. another ancient location? apamaya located about 55 kilometers northwest of hama. the ruins here date back to the roman and byzantine periods, and it's known for its columns. now it's heavily damaged by shelling. looters took mosaics, even a roman statue. reportedly selling some of the priceless artifacts for weapons. and then there's the ancient city of alleppo, known for its culture and urban development and home to the largest covered market in the world dating back to the 12th century. last week that market was burned during fierce fighting. precious ancient treasures that belong to the world, not just to syria. once preserved and admired. now some gone forever. destroyed by war. >> when you look at those pictures, it's just really heart-breaking to see that because you were talking about hundreds and hundreds, if not thousands of years in an ancient treasure that, as you say, belong to everyone. >> it's really the world's cultural heritage that's going up in flames that's being destroyed and trampled. of course, nothing is more tragic than the loss of human life. it's irrepairable. you don't come back from it. you can rebuild some of what is destroyed, but in the case of aleppo, a city i know very well, it's almost like seeing a person you know die because it's the soul of a city, this old market, the crusader castle. it's the best preserved crusader castle in the world. mroo show us a picture. >> i want to show you a before and after picture that made it on social media web sites. this is the top that's the wooden balcony. you see it on the top. on the bottom it looks like the apocalypse, the post-apocalyptic lunar landscape. these are the types of things that you cannot rebuild. you can't rebuild 150-year-old wooden balcony. it's gone fore. >> are these the rebel forces that are responsible, the government forces? is it just fighting? is it the result of war? >> what happens usually in a city like aleppo is you have rebels that take up position in the old aleppo, and then you have regime forces that come after them, and they might use shelling or other types of military attacks, and those are the types of things that lead to the widespread destruction and irrepairable destruction of old buildings as well. as far as who is setting the market on fire, i mean, at this point we don't know. the reports are that you could have regime forces come in after the rebels and set some of their position on fire. either way some of these places and some of these landmarks are gone for good. >> is there any effort, do we think after the civil war ends, that there would be some rebuilding, that you have organization that is would come in and try to do what they could? >> well, i spoke with a unesco representative for crisis situations that's in charge of safeguarding, preserving, and protecting these world heritage sites, and she told me essentially, look, i mean, once the conflict is over, we can do our best. we can go in and try to make an assessment of what needs to be done to rebuild, but it's expensive and it takes a very long time. it takes a few minutes to burn down a whole alleyway in a market. it can take years to rebuild. >> all right. thank you. >>> ahead on cnn "newsroom international" she wasn't always a supermodel. once she was a refugee running from a brutal civil war. we're going to talk to her about rising to the top. the doctor toe that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. 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[ male announcer ] ask your doctor if chantix is right for you. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >> many of you know her from high fashion magazines and cat walks, but this supermodel has an mazing story about her journey to the top of the fashion world and how she has come full circle. she was born in sudan. she and her family escaped during a bloody civil war when she was just 14 years old. she became a refugee in britain. well, recently she returned to south sudan to mark the first anniversary of the country's independence from the north. she joins us from new york to talk about the emotional homecoming. it is so nice to see you. it is an amazing story. your life experience. you write about it in cnn.com article, and you say it was overwhelming to actually go back. tell us what that was like. >> wow. i mean, what can i say? getting raised through the civil war at the time, i never really foresee that they were going to be independence, and it was a lot of emotion and going back to where i was born and looking at the children i saw myself in them, you know, and everything starts to make sense. just in the fact that my father, bless him, before i went to seek refuge in london he passed away, but he always said, you know, education, education is the key. he was never a politician, but he always said you have to raise your voice if you want to say something that's correct. it's wrong, this, that. it was very emotional going back. >> is there optimism there? you saw yourself. we see those pictures of you with the children, and you see yourself. do they believe they have a future because this country has just been torn for so many years when it comes to the civil war. >> yes. a lot of bloodshed took place. especially the young men. they really fought this war. it was 30%, 60%, 70%, almost 100% people went and voted for referendum that say something. that people had none, and they really want to start to rebuild. >> what is the biggest chamening, do you think for your people there, alek? >> oh, my goodness. i think the challenges right now is the growth, of course. the land itself is very flourishing, is very rich. the culture, the people. everything is incredible. i mean, i think the most challenging is the -- to be able to educate because 50%, 60% of the nation are the youth. not even women, young girls before, what is it, eighth grade, that's 14 years old. those are children. they're dying in child birth. like the old saying, you educate, you know, young girls, you educate a family, you educate a community, and i think the challenges right now is how rapidly it's growing. i think juba, the capital city, is going to be like the new york of america. >> what do you think -- when you came back, what did they think of you because you are so incredibly successful, you are so beautiful, you are such an incredible model for your country. >> so humbled. >> yes? >> i was very humbled because i was nervous. i was emotional because i didn't know what the country was like because when you have development and you also have a new nation -- i mean, america has been through, like, independence for over 200 years. south sudan is just one year. you think about the growth that took place, but i think infrastructure is very important. >> would you ever go back? do you think you would go back? i know your nephew has returned. a lot of young people have gone back. >> oh, absolutely. my mother wants me to go ck. my mother wants me to mry a dinca man. of course. i really want to work with u.n. hcr to implement education. especially when kids have to walk for two, three hours for secondary school, and then they get caught in the rain, and then they catch malaria from the mosquitoes. i think it's -- it's not just a matter of thinking, but i think it's very fundamental, and we can be able to emphasize in that we don't have to repeat the same atrocity, and that is what i gathered going back after this independence. >> it's so nice to see you. it's nice to meet you, and, of course, you know, we wish you the very best for the children in that country. there's a lot of work to be done, and, of course, your mom's wish is to get a dinca man. good luck with that too. i'm sure you have many options. >> no, no, absolutely. >> good to see you. >> you can read more about alek's trip to south sudan. find out how you can help people there by going to cnn.com/impact. >>> they call themselves code pink, and they're an anti-war group, of course, and they are furious over drone attacks. today they're in pakistan taking a stand and meeting with people affected by the violence. i love you, james. don't you love me? 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[ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. took hours to work or made me drowsy. after allegra, i have the only 24-hour medicine that's both fast and non-drowsy. after allegra, i have it all. >> about 35 americans are in islamabad today. they are protesting u.s. drone strikes in pakistan and apologizing for the suffering the attacks have caused. the protesters are from the anti-war group code pink. american officials say the targets -- strikes target militants and that civilian casualties are extremely rare. code pink disputes that. the group wants the drone strikes to stop and the families of civilian victims to receive pension. >>> the home apartment is only ten feet long, eight feet wide, so why are so many people excited to pay $200,000 for this london flat? richard quest will explain. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. just a second. just, just one second. ♪ get outta the car. ♪ are you ok? the... get in the car. [ male announcer ] the epa estimated 42 mpg highway chevy cruze eco. for wherever life takes you. and now qualified buyers can get 0% apr financing for 48 months on a 2012 cruze. ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. >>> it's only 10 feet by eight feet, and in most of the united states about the average side of a garden shed, but in the u.k. it's a london apartment. why this little space is going for big bucks. >> reporter: some, compact. studios. then wills flat 8-f. ♪ nothing quite prepares you for something so small. this is it. all of it. there is no more. 10 x 4 by 8 x 4. i can touch from one side to the other hitting the wall. i am 6'1" tall. and this is the length of the flat. >> the apartment is a converted water toilet and cloak room. >> unusual. unique. interesting marketing opportunity. >> i would point out the high ceiling. i would point out the natural light coming through. i would point out the potential refurbishment, the location. >> reporter: the original asking price of $145,000 has been well exceeded. the current top offer is believed to be around $280,000 for one simple reason. the old rule, location, location, location. this tiny apartment is in the best part of london, and next to the top people's department store, harrod's. >> you're iffing to get a hell of a lot of interest with this post code. >> the demand for this unique property has been intense. more than 100 viewings. a dozen offers. ironically, the winner is likely to be an investor from greece. >> wow. richard quest joining us from london. we did a little research here. we found some studio apartments in new york in the west village. one going about the same size, $325, and then some other studios anywhere from $100,000 to $600,000. that thing you could look at it as a steal almost, but how could it even manage to be competitive? it's pretty amazing there. >> look, this is the actual size that we're talking about. we've drawn it out in the studio, and you really do get a feel. i mean, the fact is this is going to be sold to an investor. how about this? somebody who wants a room for their maid because they've already got an apartment in the building or this is the best one i heard. somebody who just wants a parking space the locality because it's such an expensive area. this could all be yours if you send me your check. >> i can't do it, richard. i just can't do it. i'm going to need a little bit more space there. i have to let you go. thank you, richard. good it see you, as always. if you are looking to get out of town, maybe some great travel deals, and maybe a beach? that's up next. he's not very h♪ ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirty, old egg-suckin' dog ♪ then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? 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what are the good deals here? >> first stop is jamaica. this is one of my favorite hotels, and with good reason. not only is it beautiful and it's on a beautiful pristine bay. it's actually called pristine bay in negril. this is a hoelgs that gives back. "travel & leisure" gave this spot an award because they give back to that community. they've hey foundation made giving $2 million for libraries, for schools. this is in a tiny little community. it's a big, big deal. for you the best part, since you're a beach gal, is you can go there and the rooms start at $125 a night. >> very affordable. take us to abbinga pulgo. there's a good deal there too? >> i will take you to. it's for $150 a night you get to stay in this place that definitely has a moderate to the heyday, the 1950s, but in a contemporary way. white and beachy, and they did this lovely thing this is -- it's a beautiful ecological preserve, and the chef will make you a picnic for two, so you can take your hamper with you and go and explore for the day. >> nice. very nice. romantic. tell us about bali. i've been there. i love it. sdmri love bali too. that's where i went on my honeymoon. i have a huge soft spot for it. this property is absolutely gorgeous. it's on 23 acres of beach. this is gorgeous, gorgeous, gorgeous. again, the main thing we're looking for a ach get-away is it it's. >> can i hardly wait to book my vacation now. thanks. >> he started a dance craze that's gone viral throughout the world. we'll get the latest. 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is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> south korea, their latest superstar, you know him, treated more than 80,000 fans to a free concert last night. in the end he took off his shirt to do his famous horse riding dance, "gangnam style." that's right. the concert was streamed live on-line. the music video holds the gun esworld record for the most liked video ever on youtube. it's gotten more than 350 million views. ♪ >>> this hour in the cnn newsroom, call it a comeback. jobs reports show an unemployment rate below 8%, and we are also looking at a dangerous form of meningitis blamed on contaminated destroyed shots that claim more victims. want to get right to it. 32 days until the election. now this. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. >> the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. if you just drop out of the work force, if you just give up and say, look, i can't go back to work, i'm just going to stay home -- if you just dropped out altogether, why, you're no longer part of the employment statistics. >> this is what everybody is talking about this morning and this afternoon. the nation's unemployment rate now dropping below 8% for the first time in almost four years. it shows unemployment at 7.8%. christine romans who is joining us live from new york to break it down. we have 114,000 more folks that are working. what does it mean in the big picture about the economy and where the jobs are? >> it means that the economy is slowly healing, slowly. very slowly healing. the 7.8% unemployment rate definitely an improvement. you had people who were getting part-time work who were working from home, who are starting their own businesses. that's why that number moved a little bit more than the other one. let me show you some of the sectors. one-third of the jobs were in health care. 44,500 jobs. a health care economist just told me that those jobs on average are paying about $59,000 a job, so they're paying better than the median income of the rest of the country. transportation wear housing, 17,000 jobs there. we lost 16,000 jobs in manufacturing. this is a spot we've been closely watching for 20 years. we've been losing manufacturing jobs. it's been showing some signs of life recently, but in the most recent months, down 16,000 jobs. of course, that plays in those swing states for sure, suzanne. >> christine, we heard mitt romney the last hour just say that the reason unemployment is down because there are so many people that stopped looking for work and what he says is that if you take a look at the number of people who were all seeking jobs, if they were actually included in that number, the real unemployment rate would be 11% because it would include all those folks that are certaining for work, instead of dropping out. does that look accurate? >> yes. here's why. if you look at something called the labor force participation rate, meaning the share of adult workers who are either in the labor market or looking for work, that has gotten smaller and smaller. it's the smallest since 1981 right now. that meensz people have left the labor market, so if you were -- and a lot of economist read these numbers -- if you were to looking look at the labor force participation rate from the day president obama took office and use that same size of the labor force today, you would have an unemployment rate more like 11%, not 7.8%. so on the very basis of that statistic, he is correct, but many economists will tl you we are slowly starting to add jobs. the jobs growth is going in the right direction. >> all right. christine romans, thank you. >>> the jobs report came as really a surprise to me, but a georgia tech economist has been banging the drum about the strength of the economy. you can kind of say i told you so. you have been talking about this. i mean, you've been saying that steadily things have been getting better. why? when you take a look at this and particularly the fact that there's so many people who are not in that number, they've dropped out of the job market completely, they're so discouraged, why are you so encouraged by this number? >> well, if you look at more deeply into the economics figures and just look beneath the surface, you can see a lot of developments that are very, very positive, and these developments have been there for months and months. what has been a surprise to me is that they weren't revealed earlier in the employment numbers. >> so specifically what are you talking about when you say that? >> well, if you look at, for example, over last month we had an increase in consumer confidence. we had increase in consumer spending and retail sales. the manager index was up. auto sales were up. home sales were up. those things have been happening. now, what's unique about it this time around is that they're all happening at the same time, and so in a more coordinated fashion, and that's why you see this significant unemployment report. >> the specific groups -- i found this surprising -- are really benefitting now, and you and i have talked a lot about the hispanic, black population here. they are doing better now. i mean, you have unemployment that went from 14.1% to 13.4% for the black community. what is happening? >> very, very significant. well, what's happening -- what explains that is the fact that you have this large increase in employment overall. unfortunately, and it's still the case, blacks and latinos are always sort of brought into that cue, but the cue was so big this time in terms of the entrants into the labor market some 873,000 new people -- more people employed, and so that obviously created more jobs for blacks and more for hispanics. >> we know the growth rate is still pretty weak. it's only at 1%. how does the economy actually grow? how does it become more healthy? >> i would expect that next quarter around it will be much greater. it's 1.3% now, but the signal that is we're seeing now, those signals will play out, and the thing that we've been saying for months is that the economy has not been slowed because lack of profitability. in fact, corporations have been experiencing record profits. they have record amounts of cash. we have record low interest rates. so all of the conditions for growth have been there, and so what we're seeing now happening is that they're beginning to materialize. >> finally, there's always the political aspect of all of this, and there's some conservative who's say, look, you know, we think you're fudging the numbers here, we think you're cooking the books because this is a good thing for the obama administration. jack welch bei one of those. >> what i would say to those that say that we're cooking the books, first of all, it insults the integrity of the labor department, but secondly, it also means that they're not looking closely enough at the numbers, and typically what happens is that analysts put too much emphasis on the jobs report number. that number by virtue of the way it's collected from some 130,000 establishments and it's done through some by fax machine and others, that number is always going to be very variable. it's much like the adp number that we get earlier than even that number, so it's adjusted up and down every month, and so some months it will be down and adjusted upward, and other months it will be up and adjusted downward. >> it's a balance. >> yes. that's going to happen. but what's interesting is that -- >> tell us real quick what's interesting. >> last month it was adjusted upward, and we would expect it to happen this month. >> it's good news all around. thank you, danny. >> here's what we're working on for this hour. >> mitt romney tells fox he was completely wrong when he said 47% of americans are victims who think they're entitled to government aid. just two weeks ago he was defending those remarks. is romney becoming more moderate as the election draws closer? >> after a weak debate performance by the president, what can we expect at the next one? just a week and a half away? this time it's town hall style and the audience gets to ask the questions? >> more patients have gotten meningitis infections after being contaminated by steroid shots. we'll take a look at how it happened. to the gas station going about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. 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[ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> falling below 8 perz came out today. republican presidential candidate romney, he lost something. he lost the tag line that he had been ham arering the president on for a long time. we want to bring in jessica yellin. first of all, we saw that romney reacted to the numbers by saying they're not good enough, but he has even suggested they're not accurate. how important is this number, this unemployment number for both sides? >> well, let's remember where the 8% number came from. when the president passed his stimulus plan, his -- what his chief economist projected wasn't a promise, but projected that with the stimulus unemployment would be below 8% in the u.s. and now that number has become a political football with the president's critics saying it was a promise that it would be below 8%, and it's a promise that's been unkept. now that the number has fallen below 8%, the administration can seize on that to say, look, it's proof that our economic measures are getting traction, that they're working. not good enough yet, but making movement, forward movement, which is they are campaign slogan. one thing i would point out that's meaningful, suzanne sshgs that the first time in a long time, the number has fallen not because more people are leaving the work force and not looking for work. actually, by a tiny, tiny amount more people entered, so it's fallen while more people are actually looking for work, and that's a good sign too for the economy. >> okay. let's talk a little bit about mitt romney. he is backtracking on his comment about 47% of a population feeling like they're victims and needing government aid. he told fox news that now he was completely wrong. he doesn't feel that way. let's listen. >> clearly in a campaign of hundreds if not thousands of speeches in question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe are, however, that my life has shown that i care about 100%. >> so jessica, two questions here. first of all, why do you think is he bringing this up now? the video came out last month. do you think it was something he actually wanted the president to bring up during the debate and since the president didn't, he is now speaking about it? >> well, first of all, he did say i care about the 100%. that was as a reaction after the tape came out. the new piece is i'm completely wrong, and i do think that was probably their response. a planned response. the president didn't bring it up. the moderator didn't bring it up. since the president missed an opening to do it and in that last debate, no doubt it's going to come up in the next debate, and now romney has a chance to get ahead of that and sort of premessage on it, shape the debate and discussion about it, and sort of try to neutralize it a little bit for himself even before that debate happens so that when the president, if he does try to bring it up, romney can try to inoculate himself a little bit from the attacks saying, look, i have already said i was wrong. no doubt, you know, expect the obama team to say he is flip-flopping, this is something we've seen before, but now the governor, former governor, has about two weeks to sort of massage his message, and you see a real political game going on here. it's a real fight. >> yep. okay. jessica, thank you. appreciate it. >> american airlines now blaming passengers for jamming the lox that cause the seats on three flights to come loose. now, a spokeswoman says the lox, like the one shown here, got stuck after passengers "gunked them up" with spilled coffee and soda. the airline promises it won't happen again. the seats just the latest in a series of troubles for american. the company has also been dealing with labor issues, flight delays, and cancellations. >>> tainted medication in 23 states now being lirnked an outbreak of meningitis. we're going to take a look at what's being done to stop it and how you can protect yourself. ton about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? 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[ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. >>> deadly meningitis outbreak is now growing. 35 people in six states are now fighting it. that is up from just 26 yesterday. elizabeth cohen is joining us to talk a little bit about should we be worried? where is this located? what's happening here? >> i'm going to tell you about the one group of people who should be worried because only one group should be worried, and that's people who have had steroid injections many their backs. that's the only way that you're going to get sick from this because what it is is they're worried about a medicine. they're worried that this medicine has fungus in it, and it doesn't spread person to person. if it's not caught earlier, it's tough to fight, and weave already seen six deaths. dmroo where did the fda skofr this? >> the fda started -- they notice that all these people who were getting sick all had the same medicine injected into their back that was made in a place called the new england compounding center. they went in to investigate sxfshgs what they found was a vial of medicine with fungus in it that was visible to the naked eye. you could look in the vial and they saw some gunk for want of a better word, and they put it in the microscope, and it was fungus. >> this went to 23 states? do we expect that this is going to be widespread? is it just in those 23 states? >> we expect that we're going to hear about more illnesses. to be clear, no one is getting -- well, hopefully no one is getting infected as we speak because doctors know not to use this. they know to check what medicines they're use and never ever to inject this medicine made by this company. they may be getting sick now if they got inject a week ago or a week before that. those numbers should be going up, ut but doctors should know by now not to use this medicine, but if they used it in the recent past, people might just be getting sick. >> do the doctors know that we know that this person who got this medicine went back to this facility here and they can warn people and say we think you might be vulnerable. >> doctors are being asked to look back and to see, gee, what medicine did i give my patient who i gave that injection to last week and to check their records. doctors are being asked to do that. honestly, that's not a fool proof system. a doctor could miss that as they go through their records, so really patients should be aware. if you had an injection in your spine, a steroid injection in your spine, and you even have a headache -- like even just a headache, get yourself to a doctor. the sooner that you catch this, the better. >> all right. elizabeth, thank you. appreciate it. >>>. >> his words, they're crystal clear. no stuttering at all. our dr. sanjay gupta has an amazing story in this human factor report. >> he has a speech disorder that's to debilitating this 13-year-old used to keep to himself. >> he started speakinat the age of 2 and pretty much -- single words. it wasn't so bad. then when he would get into sentence with a couple of words, two or three words, that's when it started to come out. >> those who love jake, knew he needs to get the words out. let him finish what he is speaking or saying. >> but many others tormented him. he was bullied. not only by his classmates, but by his teachers as well. >> one teacher was, like -- i was just doing this voice in drama class, and i was, like, hi, and then, like, the teacher is, like, i don't know what is more annoying. that voice or your stutter. >> jake's parents, robin and vee, invested a ton of time and money into their therapy for their son. nothing worked. they found greatness -- >> battle -- it was, like, hey, i'm kind of good. ♪ >> reporter: now jake is performing as lil jake. smooth as can be. the rhythm or cadance of rapping makes it easier for him to get the words out without stuttering. >> clap your hands. come on. >> for all those that used to torment him, the haters, they serve as motivation for jake who prfrz for crowds of up to 20,000 people. ♪ >> dr. sanjay gupta, cnn, reporting. >> way to go, jake. you can learn more about jake's accomplishments in his own words at cnn health.com. 70% of latinos say they are voting for president obama, but democratic latino leaders, they aren't leaving anything to chance. we'll talk to soledad o'brien about how they get out the vote. we'll preview her documentary "latino in america." don't forget, can you watch cnn live on your computer. head to cnn.com/tv. 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[ clears his throat ] [ softly ] she's right behind me isn't she? if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> welcome back. with only 32 days until the legs, the white house got some welcome news this morning. the monthly jobs report showed unemployment dropped to the lowest level since the president took office. it comes as a boost for the president after a disappointing performance at the first presidential debate. throughout the next 30 minutes we'll take a look at this week in politics with our cnn election team. latino voters are being heavily courted by both parties in the election. we're taking an in-depth look, how they cast their ballots could make or break the swing states like colorado, nevada, florida. our latest cnn poll conducted before wednesday's debate shows that only 33% of latino voters feel republicans have done a good job of reaching out to minorities. this is compared to 77% who think democrats have done a good job. only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by this building. ♪ >> reporter: congressional candidate ruben could youen has traveled across the country as a guest of his mentor, senator harry reid, to attend the state of the union address. >> this is maybe a once in a lifetime opportunity. god willing, we win this election in june, and in november and next year i'll be searching in this body as a member of congress listening to that speech. ♪ >> reporter: while in washington, ruben makes a point to meet with key latino congressmen. >> should be there. a few more offices. >> reporter: like congressman beccerra. >> congressman. >> how are you? >> mr. speaker, the president of the united states. zoog then the next morning an important meeting. senator harry reid, ruben's mentor and a key maker in office. >> how important was it that you were a latino in a district that was heavily latino, 40 some odd percent and that you're an immigrant. >> it's a battleground state. it's a purple state. it's gone republican. it's gone democrat. >> they wanted latino voters? >> they wanted latinos to come out and vote, so theyknow that by having a latino on the general election ballot, it was going to help increase that turnout, so, you know, they had their own vested interest in this. >> soledad o'brien is joining us now. good to see you, soledad. >> thanks, suzanne. thank you. >> sure. sure. i had a chance to go to one of the largest latino leader political groups, and both mitt romney and the president, they were both trying to win support, and there seemed to be an open-mindedness to both of them. on the ground, what did you find in the community? >> i found a lot of frustration, actually, on both sides of the aisle when it comes to politics. latinos, as you well know and as your statistics are pointed out, in the demographics game, latinos one of the fastest growing demographic in the country, so -- and especially among the young, so, of course, if you are a politician, this is a group you want to capture. yet, the actual amount of power and clout is not commensurate with those actual numbers, so i think that that's some of the frustration that we see among the latino population. on the one hand, very visible. large population. everybody wants to talk to them, but sometimes they feel like they're being left out of the power game and that people only come and court them every four years. they don't actually want their voice in politics. >> do they appreciate just how powerful they are this go-round? do you think they realize that they could determine who the next president is? >> it's a big if, right? that's if a large number vote. if a large number have registered. if you turn out to the polls. sure. that's going to be key. i do think there's a sense that latinos, if, in fact, they leverage all their powers in numbers, they could be very powerf. they could have a lot of clout, but what our documentary is really about is sort of frustration on both the republican side and the democratic side and saying we don't want to just be, you know, people to chase us for our numbers. we want to have some of that political power as well. that's where we see a lot of frustration, suzanne. >> all right. we'll be watching. thank you, soledad. appreciate it. >>cnn follows the fight to win latino vote. you can watch soledad as documentary "latino in america, courting their vote." this is this sunday night 8:00 p.m. eastern. we are just 32 days away from the election. we have two more presidential debates left. after the president's unpopular performance of the fest debate, we're going to see how he does. the voters ask questions in a town hall style. we'll talk to the woman that's moderating the next debate, our own candy crowley. . huh? 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[ male announcer ] now get 50% off brake pads and shoes at meineke. >>> one down two to go. that is on october 16th. our own candy crowley will be moderating the debate. she joins us from wash. . good to see you, as always. it's a big responsibility, and, of course, everybody is turning to what is it going to be this time around, because it's a very different format here. the town hall. explain how you think this might play to either one of the candidates in terms of their style and how they communicate. >> well, certainly president obama, as you know from the campaign, at times during his administration, has done these kind of town hall meetings where people get up and ask questions. but, on the other hand, mitt romney has probably had some experience, obviously has had some experience throughout the primaries. i think it is harder to dodge the question when it's easier to ignore us. let's face it. politicians do it all the time. that's always been a problem. it's not quite as easy to ignore. mind you, these are going to be undecided voters as picked by gallop. it's not going to be all that easy to talk over them. >> one of the things i thought was interesting, carol simpson moderated the 1992 presidential debate, and that was when you saw bill clinton, george h.w. bush, ross perot, they were the candidates at the time, and she said the town hall style doesn't allow -- specifically she saiding for a female moderator to ask some of the tough questions because it really is just kind of passing the mike from person to person. what do you think of that, what her critique? >> i'm not sure what the -- actually i have carol's debate on a dvd in my office, and i was going from the most recent. i have seen charlie gibson, and -- this debate has -- once the table is kind of set by the town hall questioner, there is then time for me to say, hey, wait a second. what about x, y, z? you said this or you said that. you're sort of the -- they launch the discussion, and then the moderator furthers the discussions as you said this and now you say that. that kind of thing. we hope that kind of group effort can pin down both of these men on a variety of issues. >> and watching the last debate, candy, what do you take away with that in terms of how both of these candidates reacted to jim? is there anything that you learned from it or that you saw that you'll take into the next one? >> you know, the interesting thing to me is that everybody was talking about jim when it was over, and i paid no attention to him simply because i'm sitting there writing down where i saw holes in their arguments thinking, oh, this would be good, oh, this would be a good follow-up, oh, what happened here? that kind of thing. i wasn't as sort of tuned in. i was in the debate hall, so that's, as you know, kind of a wholly different thing. what i take from it is that they certainly are both going to take whatever time they feel they can get to put their views out. i get it. this is an important debate. i think there are times when the time structures drive people crazy. you know, it's kind of what they agreed on. you know, obviously at some point you need to take control, but i don't think you take control because you can or you should, but i think you take control because you want the conversation to move and not kind of be stuck on it. >> all right. well, we know you will take control. you will handle both of them very well. candy, good to see you, as always. >> good to see you, suzanne. thank you. >> sure. >> the next debate is between vice president joe biden and mitt romney's running mate, paul ryan. you can catch all the action. that's next thursday right here on cnn. cnn.com. starting at 7:00 p.m. eastern. >>> not everybody does well in a town hall style debate. especially not the president's former opponent, that being john mccain. we'll talk to a presidential historian about how the format either has helped or hurt past candidates. to physics, right? so, explain this. how can something get bigger.. and smaller? there's more of it.. and less of it? well, i guess the laws of physics are more like.. general guidelines. the wheels of progress. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. ♪ [ man ] excuse me miss. 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[ female announcer ] and now, try our new chocolate chip cookie 90 calorie brownie. >>> the next presidential debate, october 16th. it's a tuesday. the moderator cnn's own candy crowley. the first debate was all about domestic issues. you're talking about health, the economy, the taxes, all that, and the next one is a town hall, and most of the questions will come from the audience. doug brinkley is with us from austin, texas. he is a presidential historian, teaches history at rice university, and i understand as well you are actually going to be delivering a pre-debate lecture atofstra university just in the next couple of days to really get people a sense of what this means and how this could impact the race. tell us a little bit about what you think about the town hall format. >> well, that's right. first of all, these are a great boon for our university. hofstra, to be a student there and to have all this excitement coming here to campus. the town hall format, i think it's much better than what we saw with the last one. at least you feel that the -- in this case president obama and mitt romney are going to be actually looking at citizens. now, it's become very scripted over the years. in 1992 it was the wild west in these town halls, meaning somebody from the audience can ask a question. now they've been prescreened to the point that it is a little bit less open formed than one might think. >> and i'm assuming that the candidates certainly don't know the questions, but the moderator would get a sense of who they're going to go to, what kinds of questions that they're actually be posing there. this is not the best format for everybody. we saw the last go-round with obama and senator john mccain. mccain seemed a little uncomfortable, stiff there in that format, and the president walked around and seemed casual and comfortable making a connection with the audience. how important is that? >> it's everything. i mean, the master of this form is bill clinton. in fact, it was clinton in 1992 that kept saying i want more town hall forms because he can have such a great interpersonal relationship with people. he -- clinton can lock on somebody. he felt like he was talking directly at you. if you really think about what barack obama's problem was the last debate, he kept looking down at his notes and seemed to not really engage either romney or the moderator, for whatever his reasons. this time it's going to be different. he will be talking to the voter, so you really want to go right at them and talk to them as if you're their best friend. i would be studying, if i were both of them, bill clinton tapes. >> some analysts say that they thought the president perhaps misjudged here because he was speaking directly to the camera, directly to the american people, but he wasn't speaking to his opponent. he wasn't speaking to the moderator, and people didn't feel like he was quite engaged there. what needs to happen for both of them to have a strong performance, and how do you think the president might recalculate, recalibrate what he does next go-round? >> well, he is better -- you know, he is going to have to do much, much better, as we all know. i think he has to relax a little more. he has to seem like he wants to be there. he is going to have to really have a kind of different sort of body language. i hate it because it's ridiculous. here you spend your life doing a doctorate in history, and you end up talking about body language, but that's what people are going to hone in on. how are you interacting with the audience? do you seem to care? are you stiff and wooden? ostensibly, this is a much better form for president obama. he does very well at rallies connecting with people. mitt romney has struggled with it, but in the last couple of days, particularly the hours since the debate, he seems to be connecting these days with crowds too, mitt romney. one of the things that's a little disappointing on all this is that follow-ups aren't allowed. they got banned in 1996, so even though the questions being read by the audience member, that audience member wants to have a follow-up. ey're not allowed to. there's a lot of policing going on in this dae dee bait. >> we learned from candy that perhaps she can go ahead and inject some of her own questions too in this, which is a good thing as well. kind of a dance between the audience and the moderator. doug, good to see you as always. thank you very much. we'll be watching. >> oh, thanks so much. >> sure. >>> hundreds of thousands of americans have already, already, vote for the president. not in the voting booth. we're not talking about that, but 7-eleven. we're talking about voting with your coffee cup. seriously. amazingly accurate in how it reflects current polls. 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[crash!] or add a car to your policy. don't forget to ask about saving up to 10% when you combine your auto and home insurance with liberty mutual. security, coverage, and savings. all the things humans need to make our beautifully imperfect world a little less imperfect. call... and lock in your rate for 12 months. liberty mutual insurance. responsibility. what's your policy? >>> political polls, you're hearing a lot about them these days, but polls with cream, maybe sugar. 7/elev 7/eleven, it is a election coffee cup and the company has been tracki ining coffee cup chs for the last presidential elections. 2004, 2008, within a percentage point of actual voter results. wow. joining us, cat simpson, managing editor. how do they do something like that, cat? how does it work? >> shouldn't we have pollsters outside of every single 7/eleven. you make your coffee choice, pick an obama blue cup or romney red cup. and each franchise scans the upc code and updates the site real time, so you can see city by city who is ahead. >> how is it that they're so, so accurate. how does that happen? >> it is a mystery to me. they make sure that they say that it is just for fun, it is not scientific, but really, it has better closer results within a percentage point than any of these scientific polls that they're paying a gazillion dollars to pay the polls. >> we have been talking about these people who are undecided, you know, down to the wire here, people have to make up their minds here. is there a cup you can actually choose, the undecided cup? >> you can get the regular 7/eleven cup. it can be for people in the comments, they were saying, i don't want anybody to know, my vote my business. so they get a regular 7/eleven cup. >> tell us about coffee drinkers when it comes to the candidates here. what is the coffee of choice? >> well, you know, it is interesting, actually president obama perhaps should have gone decaffeinated the other night. we spoke with a neuropsychologist, our go-to scientist, about what caffeine can do to your brain to help your performance before a debate or something like that and governor romney, you know, since he doesn't drink coffee, he could have gone for some dark chocolate to improve his mental function. >> dark chocolate for mitt romney and a little bit more could ha caffeine for the president. cat, thank you. >>> a battle of words, but what can we learn from the facial expressions of the candidates? we'll take a scientific look. dry mouth may start off as an irritant. it'll cause cavities, bad breath. patients will try and deal with it by drinking water. water will work for a few seconds but if you're not drinking it, it's going to get dry again. i recommend biotene. all the biotene products like the oral rinse...the sprays have enzymes in them. the whole formulation just works very well. it leaves the mouth feeling fresh. if i'm happy with the results and my patients are happy with the results, i don't need to look any farther. these appliances could have been made here in america. but a company called global tech maximized profits by paying its workers next to nothing... under sweatshop conditions in china. when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8... with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not plan to eat within 15 minutes to avoid low blood sugar. tell your healthcare provider about all medicines you take and all of your medical conditions, including if you are pregnant or breastfeeding. most common side effects include reactions at the injection site, weight gain, swelling of your hands and feet, and vision changes. other serious side effects include low blood sugar and low potassium in your blood. get medical help right away if you experience serious allergic reactions, body rash, trouble with breathing, fast heartbeat, sweating, or if you feel faint. i would have started flexpen sooner, but i thought it would cost more. turns out it's covered by my insurance plan. thanks to flexpen, vial and syringe are just a memory. ask your doctor about novolog mix 70/30 flexpen, covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> president obama, mitt romney face off in less than two weeks. candy crowley will moderate a town hall style debate on october 16th. who comes out on top could come down to facial expressions and body language. brian todd looks at how they did wednesday night face to face. >> reporter: chris cole, he was looking at well, how they looked. >> governor romney was much more expressive than president obama was. >> reporter: cole is an expert in the communication of emotions, an assistant professor at perdurdue university. he uses software called face reader, he applies it to political candidates. the software creates superimposed mesh maps on their faces which cole says measures the movement of hundreds of muscle points on the face. what did he measure on mitt romney's face? >> in this feature here, you can see his eyebrows are slightly up, and this would suggest an emotion of surprise, but at the same time, when you look at how s lips and nose are, that might represent something about a negative type of emotion of disgust or something like that. >> reporter: the clinched lips and the rised eyebrows he saw consistently from romney. he said that helped romney with onom and that typeer the of scorn, romney is building a bridge that connects to those voters. >> reporter: by corast, cole says, president obama was expression neutral, aside from the occasional rised eyebrow, smile or smirk, which the romney campaign leveraged into a new video ad. >> we're seeing that if he were to be more expressive, and express the emotion that his voters are feeling, his voters then would start rating him as more charismatic. >> reporter: what about body language? we measured that with karen bradley, a movement analyst at the university of maryland. she says president obama had the edge there at the beginning, a strong handshake, a clasp of romney's arm that projected dominance. within an hour, she says, the president wilted. >> you see he's blinking here, he's tired here. >> reporter: also illustrated with one camera angle from behind them. romney's upright, bradley says, still energetic. >> here, barack obama is dropping his focus, beginning to drop away from mitt romney. and here he comes down to his paper. >> reporter: she says president obama dropped his posture often, especially late in the debate. she says that was a signal to many viewers that romney got the better of him. brian todd, cnn, washington. >>> remember that crazy story about the little old lady who tried to restore a 19th century fresco of jesus in her church in spain. with halloween around the corner, one man has created a halloween costume, a work of art, and it is trending on twitter today. ruined spanish fresco monkey jesus. it is buzzing as one of this year's top costumes. creative costume captures the tilted and blurred face of restored fresco perfectly.
FOX News
Oct 5, 2012 9:00am EDT
heal. others not so sure. jack welch tweeted this moments ago. unbelievable jobs numbers. these chicago guys will do anything, can't debate so change numbers end quote. martha: hilda so liz says that that notion is lewd today rust. joined by chris wallace anchor of fox news sunday . good morning, chris. >> good to be with you. martha: what do you make about the backlash for this 7.8 number? >> it's understandable, because it's good news for president obama at a time when he very much needed it. the fact is that he had a bad debate, that his campaign was raoeulgs a reeling, is an overstatement but hit a serious pothole. and the talking point, which is that the unemployment rate under this president has been over 8% for 48 months, they can't say that any more. and obviously some romney supporters aren't happy about that. martha: whenever you look at the economic numbers i always wonder. obviously as you point out the president's detractors will try to mine mice the number and the president will build it up. it's down to everyone's individual economic reality. if it's true that the
FOX News
Oct 5, 2012 10:00am PDT
come out and said do not trust that number. :lou: what you do not want to do is pull a jack welch. he decided that this was a conspiracy of the chicago political thugs that run the country. megyn: unbelievable jobs numbers, these chicago guys will do anything. by the way, we have jack welch to explain that later on. :lou: that's exactly what you don't want to do. these numbers over the course of time, you should always be skeptical of those numbers. we should always be skeptical of anything government does. economic reporting is an inexact art and not always in science be one can i just ask your question? :lou: yes. megyn: unemployment is still very high. how are the american people doing? :lou: a sophisticated number, if you will, buried within the labor of statistics is the broadest measure of unemployment that is in the workforce, discouraged workers. that remains where it was last month, 14.9%. it is a sign that we are absolutely stuck where we have been. and that is a sincere shame. that means 23 million people remain in great pain and they are suffering as a result of an economy
FOX News
Oct 5, 2012 6:00am PDT
that jack welch is going to be on "your world" with neil cavuto this afternoon. he can back up his reason for putting the tweet out there and yes thinks there is more than the numbers in play here. matt, really it comes down to people and what their psychology is about how they feel in their life. we know that 60%, something like that believe that things are on the wrong trafpblgt i mean, you know, you can't fool people into thinking they have a job because the number looks pwefplts. >> it's a great point, whether it's 7.8 or 8.8, does the average person know the difference? no. it's just a number. but what they do feel is when they wake up in the morning if they are getting an unemployment check or wake up, taking a shower and going to work. that is a very big difference. it may be their neighbors or family. if you feel like things were much better than they were four years ago economically, yeah maybe the president is doing something for you. the majority of the people i speak with do not feel that way it makes a good headline but i don't think it gives him the boost that he need
MSNBC
Oct 5, 2012 6:00am EDT
>> i don't know about that. we put a couple clips side by side. we're going to let you decide. great britain or america. >> will he please confirm you will support a further round this order and that funding is available so that businesses, university universities -- >> now, sure, sure, mitt romney loves our lakes and our trees. he loves our cars so much they even have their own elevator. in romney's world, the cars get the elevator, and the workers get the shaft! sure, he's made a lot of money. >>> this is no red america! there is no blue america! there is only the america that can't believe how bad this guy did in the debate! obama lost despite mitt romney doing this. >> i'm sorry, jim, i'm going to stop the subsidy to pbs, i'm going to stop other things. i like pbs. i like big bird. i actually like you, too. i'm not going to spend money on things to borrow money from china to pay for it. >> he [ bleep ] fired big bird! he still won walking away. romney won with the sound up. >> you're entitled to your own airplane and your own house but not to your own facts. >> romney won with the sound off. dude, he's yelling at you! look up! look up! what are you looking at? what are you writing that's so important? what are you doing -- oh, that's not -- oh, i didn't realize. that is impressive work. i didn't realize that. maybe you could give that to mitt romney as a souvenir of the night he crushed you in that debate. >> my gosh. okay. >> so that's what he's doing. because i'm sitting there going, what's he doing? >> good morning, everyone. >> it makes more sense. it fills in the blank. >> that gives us proper context. >> it is friday. it is friday, thank god. i need two days away from all of you people. october 5th. >> mika, hold on. >> no, stop. >> you need a couple of days away from politics. >> no, i don't. >> mika, all day yesterday -- >> what you say off tv sometimes stays off tv. >> i'm not going to repeat what you said. i've never seen her so depressed. she sort of wandered around. >> it was just one day. >> i swear to god, she was wandering around getting lost in crowds. >> no, that's just how i walk. >> i swear to god, she'd go, "he might win." >> no, i did not do that. now you're making up stuff. i do get lost in crowds, but that's because i have no sense of direction and i'm on my iphone. okay. >> chosen one may not be chosen this time. >> no. >> and it's freaking her out. >> it was a bad night. i will say this, i don't know -- >> it was a bad night. >> you need to say, excuse me, sir, you are not telling the truth at some point. >> i was at a rave the past 36 hours. what happened? >> can we get a close-up on this suit? seriously. by the way, this is what the kinks wore in 1965. >> it's also a little bit like vintage bob novak. >> bob novak? >> he wore the vests. >> did he? >> i think it's rather satorial. >> you know what else i don't get? i don't get why donny deutsch came on the show before. talking about the debates. they're not going to change anything. >> let's become a student of history. if you say there are 5% -- >> here we go. >> no, no, no. >> you know what? nobody's ever been more wrong than donny deutsch. >> i'll explain why it won't change anything. >> could we introduce everybody first? >> with us on set, "time" magazine political analyst mark halperin and the chairman of deutsche incorporated who is also a student of history. >> yes. >> donny deutsch. >> 1 for 1. >> let's go to what the kids will be talking about all weekend. >> i'm still curious, though, about what everybody is waiting for in those first debates. i don't want to be cynical. i'm not quite sure what's going to happen there that's going to flip the switch. we've seen these guys. i know we haven't seen them together -- give me a scenario, for instance, an actual bac back-and-forth that could save one of them. >> what if one of them just didn't show up? >> would you like me to support my original thesis? >> help me. >> number one, 5% of undecideds. if we become a student of history, one quarter of those are maybe swayed. we're talking about a 1% shift. number two, every poll before the first debate usually ends up being the stand-up poll at the end. number three, actually the leader now gets to be the underdog in the next one. he got his ass kicked in the first one, there's no doubt about that. what is it going to change? >> the outcome of the election. >> no, it's not. right now in a serious bet in front of the american public, there are 6 million or 7 million people watching as we speak -- >> hold on a second. you're not even talking about armed forces radio. >> the troops, donny. >> why do you hate the troops? i guess you're going to try to disengage them. >> 20 million people watching, let's make a serious bet. did he win the debate? slam dunk, no question, embarrassment. it is not changing this election. what can we bet? >> so we've wasted enough time here. i'll think about something. i do think, mark halperin, it changes on the margins. i think suddenly florida, nevada, colorado, virginia, north carolina, all of these swing states that were close, i think if ryan/romney have a couple more good debates, those all go in the romney column. that was a freudian slip. but at the end of the day, though, the question is committee make up the big difference in ohio? can he make up the big difference in wisconsin? because if he doesn't win ohio, he's got to win wisconsin. the romney people still think he can. after that debate and after barack obama's performance, which was staggeringly bad. >> all right. >> no, i mean it. >> he's right. >> okay. >> i'm hearing this from democrats. and this broke through. we always hear about how americans aren't paying attention. they're looking at reality shows. this broke through, everybody was talking about it, not just how well romney did but how badly the president performed. >> well, just as i think it was premature to declare the race over before, i think it's too soon to say that that performance, as widely watched as it was, is going to move numbers. we have yet to see any numbers move. i think they probably will some. and i think that on the other hand, did governor romney win the day yesterday in the news cycle, given how strong he was thursday night? he didn't decisively win it. he did one event late in the day. look at the evening newscasts. look at the morning papers. >> he doesn't have to win every day. >> oh, i think he's got to win most days. he lost about two months of days. i think he's at least got to win. for them to come out of yesterday and not win the cycle, again, i think the numbers will move. i don't think the race is over either way. but i think they need to -- they're still wasting time. >> i'm glad, mika, they actually kept him back a little bit. let's not have a mistake the day after a great night. >> that was probably one of the strategies. >> yeah. >> but in terms of numbers moving, 67 million people, 67 million viewers according to nielsen with a few million more watching online saw the debate. and yesterday the president was on the campaign trail. large crowds awaited both candidates actually on the trail. president obama greeted by some 30,000 supporters in madison, wisconsin, came out ready to fight back finally and showed some of the fire that people were looking for in denver. >> when i got on the stage, i met this very spirited fellow who claimed to be mitt romney. but i know it couldn't have been mitt romney. because the real mitt romney's been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, and yet the fellow on the stage last night who looked like mitt romney said he did not know anything about that. but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on sesame street. thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits? >> mika, what were your thoughts about barack obama not being able to deliver a single line like that when he didn't have the teleprompter and yesterday reading what his staff wrote for him so effectively on that stage with 30,000 people. >> it bothered me. we watch this every day. it seemed like some people might have been screaming at the tv saying, why aren't you saying that right now to him? it seemed prepared. but maybe that's the strategy. it was not satisfying at all. >> you know, willie -- >> it's like they took a whole day to respond. >> he carries this around where people are waiting till the next debate to see -- >> yeah. >> what is the depth of his understanding of the policies that he's debating and that he's reading on teleprompters? because yesterday, as he was reading the lines off of that teleprompter, you sat there going, oh, my gosh, he couldn't say one of these things spontaneously on wednesday night. but he can read it pretty well off the teleprompter. it's like bill maher said. a guy that's given a million dollars to the campaign. i can't believe i'm saying this, but obama really needs his teleprompter. >> on realtime, if you were online during the debates, you had progressives answering mitt romney's attacks in realtime on twitter fighting back. >> thousands of progressives. >> saying where is that? i do think on the next one, we talk about expectations. mitt romney is this great debater. he buried the president in the first debate. if president obama even does pretty well, if he does start to fight back, you know the press will come along and others will come along and say the president's back. he was unprepared for the first time. i'll be interested to see how long this first debate carries mitt romney. if the president has a good second debate, does it wipe out the first one? i don't know. >> i have a theory why that happened. it wasn't that he didn't have the facts at his command. it was that strategically, they said going in so much, you're here, he's there. there's none of this. there's none of this. when he talks, you don't look at him. when you talk, you don't look at him. you don't even respond to him. he's not there. and that's what translated to the pathetic performance and also what seemed to not have the facts at his hands. i think it was an overarching no-engagement strategy. these were simple facts. these were simple rebuttals. >> i'm saying this not as a conservative, not as a republican, but as an analyst that can turn on tv shows and go online and see progressives online, seeing bloggers, seeing cable newspeople answering the questions just like this. this is one of the great frustrations that chris matthews had and ed and the entire panel at msnbc. they were so angry and i think for good reason because there were basic -- >> joe, this is an important question. it's not just the analysts, it's the average american had the answers for that. clearly, this was not like chris matthews knew and he didn't know. every person i talked to said, well, why didn't he say this? he could not ha he couldn't not have the answers. >> hold on. this isn't a debate or chris or ed. this is a debate to win the election. i'm sorry, it may have been disappointing, but there was something else going on. you have the jobs numbers coming out at 8:30 this morning in just a couple of hours. you have a lot of other things at play, and he's in a certain position in this race. there must have been, as flummoxing as it was to watch, a strategy. what was it? >> i haven't said this for a very long time. i'll say it again, though. debates are where you show your depth of understanding about politics. i've seen 1,000 debates. i've participated in, you know, scores of debates. and you know immediately. you can just look around the stage at the people to the left and the right of you, how deep can they go? by the way, they pick up on your eyes while you're looking across at them. there were a couple guys where a guy was about to do a cheap shot on me, and i'd lean in and go, you want to? let's go. and they'd back off immediately. barack obama. it happened with hillary clinton time and time again where hillary clinton, chris dodd, joe biden, outdebated barack obama in every single debate back in 2008. every single debate. chris dodd, joe biden, hillary clinton just ran circles around him. and people say, well, why can't he -- at some point you just have to say, because he doesn't have his -- i mean, a great of a grasp on the issues as the people he's debating. >> that's sobering but it's true. i still believe it's the professor. >> how can you be president of the united states, mark halperin, and, i mean, and not have these basic answers? >> well, it's more than i think the format than not having the answers. he spent a lot of the evening going after mitt romney for things that he thinks he can win the election on like taxes and medicare. it wasn't like he never responded to it. >> but isn't the format in washington is that you get in a room with someone and you go at it and you try and figure it out? >> that's what we're asking. has he been too isolated? listen, we talked to him. the guy is brilliant. he really is. but has he become so isolated there's not the back-and-forth with even democratic leadership? because the democrats will tell you, he doesn't talk to them a whole lot. >> he doesn't listen. >> and he doesn't listen to them. >> he's pretty confident of his own views. look, there are a lot of elements to why the performance was bad starting with he's not that great a debater. he ended up in a room with a guy from his first answer was not the version of mitt romney i think he practiced against. so all the prep he did -- and he didn't do as much prep as he might have -- all the prep was against john kerry channeling the mitt romney we've seen for the last five years. >> what's interesting, mika -- >> we ought to be looking at that. >> we have steve schmidt on yesterday. steve schmidt would call me during the 2008 campaign. and it used to drive him crazy, and the mccain campaign crazy, about how arrogant the obama team was. he was, like, they don't respect us at all. he'd go, why -- you know, they don't think we have anything. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of overconfidence going into that romney debate. kind of like the dukakis team had in 1988, that they were the smartest people on the planet, and they looked down on the waters and the great unwashed, and i think maybe he was in shock that mitt romney came out and was effective as he was. >> or maybe they felt and maybe rightfully so, they didn't really need the debate as much as they thought they did. >> maybe they listened to donny. >> but i want to know, mark halperin, what you meant by mitt romney, who he was during the debate versus the mitt romney that the president might have been practicing against of the past few months or past few years. what are the differences? >> he talked in a different way. his focus was different in terms of what he talked about. he was comfortable with himself. he didn't radiate vulnerability of the kind i think the president was planning to exploit. and he was very careful in the words he chose. again, didn't leave a lot of openings for the president to go after him. >> i'll tell you something else that happened. we saw their cores. obviously, this has been talked to death as far as barack being a professor. we saw a businessman. when you're a businessman by trade, you're one on one. you're not in front of audiences where romney is not good. when you are a professor, what we saw five minutes ago in front of 30,000, you're speaking out. you're never one on one. so the very thing we've kind of chastised him for, he's a businessman, a negotiator, that's basically day to day, you're debating when you're a businessperson. >> and by the way, the president, willie, doesn't like one-on-ones. he does not like one-on-ones at all. >> and he doesn't listen. >> again, when i say he doesn't like one-on-ones, i'm just talking about what democrat senators have told me. republican senators tell you that. well, you discount it because there's a big ideological war. but we hear it time and time again from democratic senators, democratic house members, he doesn't talk to us. he doesn't like being with us, you know. you know, on a personal level, i really respect the fact, he likes hanging out with his kids and his wife. and when he goes golfing, he's not going to go golfing and do what bill clinton did and talk to lobbyists or talk to members that he's trying to persuade. he's, like -- i understand that logic, but -- and i respect it a great deal. i really do. personally, it's sort of an i did it my way sort of thing, but at the same time, i think it's isolated him so much over the past four years that maybe that's why he got blindsided. >> he'd better learn to pretend to like one-on-one over the next couple debates. if he has another debate like that, he's going to find himself in deep trouble. we shouldn't take anything -- as bad as the president was, don't take anything away from mitt romney. he was brilliant, he was prepared, he was everything you could ask for out of a debate. if you put wednesday night together with 36 hours later, this jobs report, it might be a little bit better than the august number. it's not going to be a great number. it's not going to be good. you put those two things together, mitt romney has a moment to turn the election. it's just a question of whether or not he can do it. >> so somebody asked me this question yesterday. and you guys, i'd love an answer, can anybody around here remember a time when the -- when the spirits of the campaign so sharply shifted in one day? because what i heard yesterday, i mean, if i was in northwest florida, i'd be hearing a republican saying hey, how great, but i was in manhattan. and all i heard was one democratic friend after another after another just wringing their hands going, god, what happened? and they're just in shock. probably like the day after john kerry lost. >> are any of them changing their votes? >> what's that? >> are any of them changing their votes? >> no, not the democrats, but there are a hell of a lot of independents and swing voters that are sitting there asking whether the president's up to the task. >> 5%. >> over the next four years. >> even if he gets 20% based on that -- >> donny, the election's not over. go to the hamptons this weekend and don't wear socks with your italian loafers. >> i stopped after labor day. >> go to palm beach. have you guys ever, though, seen such a turnaround? >> no. >> spirit is the word. spirit's the word. >> it's just unbelievable. >> one of the things that i think is overlooked about why this could matter so much is these are both really politically appealing, talented guys. they wouldn't be where they were without it. we all know what was politically appealing and personally appealing about the president. we see it almost every day. even if you don't like him, you've got to respect his politically skills in wisconsin yesterday. romney haters don't understand why that was so potentially potent is his performance was real. that is what mitt romney is like off television. >> mark -- >> he did it on television. republicans were -- because that guy in the debate, that guy could win. >> that guy was probably politically appealing. i do not think mitt romney has been politically appealing up till now. >> he wasn't, but that's the guy, though -- >> that's a real guy. >> if mitt romney has found his voice, which is actually his voice, and he's not playing a phony politician, that's really dangerous because that's the guy that steve ratner knew and respected at bain and said was a revolutionary on wall street. that's the guy that turned the olympics around. >> i don't want to put words in steve ratner's mouth because someone like steve might not think he was telling the truth as well in terms of the content. >> and you can't minimize that, and that's what the president's counting on. >> it's ridiculous what you're saying. >> particularly obama on the news cycle, maybe his people are saying we've got to really hold him back. let's let the imagery with the debate stay with people as opposed to putting a machinist out -- no, the separate issue as opposed to putting him back in the stages literally and figuratively where he doesn't perform well. let's leave it there. i think it was no accident he wasn't out -- oh, wait. >> i think it was a brilliant strategy. i wouldn't put him out shaking people's hands and kissing babies after that night. that one breathe through the weekend. but mika, i know it's shocking. i think you may have missed my bigger point. >> i'm so sorry. please educate me. >> the bigger point was, not what he said the other night but when i talk about steve ratner and people that worked with him in business and liberals that worked with him in business, people that worked with him in the olympics, they all talk about this great man. you talk to his sons. you see him in his family setting. you see a great man. and i've always said a great man. and i've always said he's a great man. he's a lousy politician. i think we may have seen the mitt romney that debated in 2002 in massachusetts that was a revolutionary when it came to bain capital. and turning companies around. very impressive guy. but i want to follow up really quickly. then we've got to go. because a lot of times we focus on the negatives and the mistakes people made. willie, i want to go back to something you said which i think it's just the best thing i've heard all week. because you have the same feeling i had. because everybody's looking at the screen going -- i looked up at both those guys on the screen halfway through the debate, and the president had a down night. i go, these guys are both really smart. and i like both of these guys as human beings. they're good, decent men. they're great fathers. they're great husbands. and i said, you know, for all of the bitching that we do day in and day out in the media and that americans do, aren't we lucky to live in a country where these two men are fighting for our votes? >> that's a great point. that's a great point. >> they're great men. >> you can't call it a campaign about nothing after that debate because that was 90 minutes of pure substance. and it was so clear, two totally different visions of the country. they laid them out. if you're an independent voter, you can decide which one you think is better for the country. mitt romney i think finally gave a very clear explanation of what conservatism means to him. president obama, as he has over the last 3 1/2 years, explained his vision for the country. and now you can choose. it's right there in front of you. >> you know the way i look at that? i have two members of my family, one working for romney, one working for obama, and i can see why both have made their choices. >> by the way, they both tell you that they're great leaders. >> great things. >> ian says romney's a great leader. >> amazing things. >> amazing things about romney. and, of course, mark says great, great things about the president. we're so lucky to live in this country. >> and my dad cuts them both down. >> yeah, he does. >>> coming up, "mad money's" jim cramer joins us. also "the washington post's" eugene robinson and nbc news political director chuck todd. mike allen with the "politico playbook" plus willie's "week in review." >>> up next, bill karins with a check on the forecast. bill. >> big changes this weekend. we'll watch temperatures on the east coast plunging. so enjoy today. a little taste of summer for everyone. first things first, the worst weather in the country right now as you're heading out the door is in central portions of illinois down towards st. louis. showers and thunderstorms rolling into the ohio valley including indiana. have that umbrella handy today, indianapolis and all areas of ohio. here's the weather pattern for today. much cooler in the midwest. but the east coast, this is it. probably the warmest day you're going to see till maybe next april. we should see temperatures in the 80s all the way up there to connecticut, d.c., new york. humidity levels are lower with perfect sunshine. just gorgeous weather on this friday. so as far as the forecast goes for today, not many other problems around the country, besides the cool temperatures. so let me get into your weekend forecast. that cold front makes its way to the eastern seaboard. just a few showers in new england. look at chicago. only a high of 50 on saturday. so we're talking jacket weather. and then by the time sunday arrives, that's when the temperatures crash on the east coast. and unfortunately, it looks like shlig some light rain and cloudy and cool from boston to d.c. today, 80 degrees. beautiful in washington, d.c. probably the best day you'll see in a long time. sunday, cloudy and rainy. you're watching "morning joe." we're brewed by starbucks. i'm with sandra who just got these great glasses. you paid...wow. hmmm. let's see if walmart can help you find the same look for less. okay. see? 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"the new york times," 23 days after the deadly attack on the embassy in benghazi, libya, fbi agents finally arrived to investigate the incident. the agents were escorted by dozens of u.s. special forces. and just this morning, turkish media reports two suspects have been detained in connection with the killing of ambassador stevens. nbc news has not independently confirmed that reporting. >>> from "usa today," some of the country's biggest brands from subway to blue cross/blue shield are putting obesity in the spotlight. companies are increasingly using obese people in their ads to help change eating or exercise behavior like this nike spot released over the summer featuring a jogging 12-year-old boy from ohio. as part of the company's find your greatness campaign. >> best commercial of the year. >> is it really? >> really a great one. brilliant, brilliant. >> now from our parade of papers, "the dallas morning news," american airlines is canceling dozens of flights to repair faulty mountings that have caused several rows of seats to come loose while in midair. 48 boeing -- is that bad? >> that's not good. >> is that bad? 48 boeing 757ss have been grounded. to go to mechanics who actually screw in the bulbs. come on, guys. it's not ha hathat hard. >> this weekend's "parade" goes inside the vaccine movement. it's becoming a new health crisis in america. >> halperin, i know you remember this, but there was a summer back in the 1980s where delta, they had a really bad month. >> that was not a good month. >> the plane that was supposed to land, i think, in louisville, and it ended up in frankfort. >> in the ballpark. >> it was in the ballpark. they were flying out out of l.a.x. you know you go out over the water and the pilot accidentally turned off the engines, you know. you remember that? it was a bad, bad month. >> bad ski. >> they changed their slogan to delta, we'll get you there. >> eventually. >> eventually, maybe. with a question mark. are we there? >> we don't even expect peanuts anymore, but we are going to ask you to bolt down the seats. >> bring back pan am. >> bring back pan am. >> eastern. >> can we go to politico. >> trump. >> trump air. >> to let you know how great i am with investments, i graduated from college, my dad said i'll buy you some stock. like, you know, a couple hundred dollars of stock. what do you want? i said eastman. bankrupt in three years. i have not invested in the stock market since. >> smart man. >> buy high, baby. >> get me eastern and beta max now. >> i'm a beta man. >> let's go to mike allen. he's the chief white house correspondent for politico. >> i'll guarantee you halperin was a beta man as well. i still have wings over america. >> quadrophonetic stereos. >> good morning. i'm glad i held on to my cb radio. >> remember those? breaker 1-9. >> convoy. >> mike, your lead story on politico.com right now inside the campaign, reinventing romney. how is the romney campaign doing that exactly? >> well, first can't forget happy friday. >> happy friday. >> happy friday. >> happy friday. >> and the romney campaign tells us they get that one night is not going to transform the campaign. but they think three to five days could. so they're being very intentional about the next couple days. monday we have that big foreign policy speech by governor romney here in virginia. virginia military institute. and everything he does is ads, his speeches, his debates are going to be in the frame of here's what the last four years have been like. here's what my four years would be like. because in the ads where in ohio today, romney is saying we can't afford four more years. in doing this story, jim vandehei and i found two rising advisers within the romney camp, senator rob portman who was the stand-in for obama, who played the obama role in debate prep has become a much broader adviser, someone that the president -- someone that romney trusts. and he's given them a lot broader advice about messaging and stagecraft. earlier mika was mentioning -- mika and joe were mentioning romney's family. tag romney, the oldest son, as you guys know, very involved in the 2008 campaign. he's been less day-to-day involved in this campaign because of his business, he's been out raising money. he's taking a more assertive role. we're going to see him, both at headquarters and in messaging. so they're taking a little bit of a rising role. >> and then on the other side of it, you're writing about how obama's debate strategy bomb. interesting because it implies there was a strategy for the debate. >> well, yeah. and donny's no-engagement strategy is exactly right. politico is told that he didn't want to appear too aggressive. >> finally got one thing right. >> he didn't want to risk something that could upend the campaign. so he wanted to be presidential. they, of course, turned out dialing down too far. >> mike allen with a look inside the "politico playbook," confirming donny deutsch was right all along. >> once. >> once. >> once in 40 years. >> pretty good. >> mike, thanks. have a great weekend. we'll talk to you. >>> next, a fond farewell to bobby v. >> what happened to boston? >> what? no? >> come on. pile on. >> we'll talk about what happened to bobby v. and his impromptu press conference in the streets of boston next. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? 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[ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's amazing we've made it this far. maybe it's because when one of us messes up, someone else comes along to help out. that's the thing about humans. when things are at their worst, we're at our best. see how at libertymutual.com. liberty mutual insurance -- responsibility. what's your policy? >>> we're going to get to bobby v. in a second. we'll let you collect your thoughts, joe. a little nfl last night. thursday night football. arizona cardinals undefeated going in last night, 4-0, first time since 1974, going to st. louis to take on the rams. first possession, sam bradford of st. louis drops back. watch this catch by danny amendola. 44 yards. that's one hand, hauls that in. >> wow! >> check this out again. >> look at that catch. >> one hand, brings it in. nice grab. seven-yard touchdown pass to his tight end, lance kendricks. rams up 7-0 there. second quarter rams up 7-3, doing it on defense. kevin kolb is simply planted by robert quinn. >> oh, my lord. >> one of three sacks for quinn. the rams sacked kolb nine times in the game. fourth quarter, rams up 10-3. bradford scanning, scanning, wide open, the rookie, chris givens, 51 yards. that put the rams up 17-3. that's the way it would end. cardinals, no offense. they drop to 4-1. rams are now 3-2. the texans and falcons are now the only undefeated teams in the nfl. >> bradford actually had tebow numbers last night, 7 for 27. >> weird numbers. >> this is the first time in years that the rams are 3-2. >> yeah, i don't know if this will carry the whole season. it's good for now. bobby valentine -- >> how's bobby? >> we knew this was coming. least surprising move of the season. fired yesterday as manager of the red sox after one year. suffered through an historically bad season. >> what was their record? >> 69-93, the worst since 1965. >> wow! >> thank you, theo. the worst general manager of all time, theo epstein, the worst ever. >> but he's turned the cubs around. >> i know he hasn't turned the cubs around. theo is the worst ever -- what do they call it? sabre matrix? thanks. >> we're trying to change the image of the yankee fan. >> no, we're not. >> we're not? okay. gave the red sox their first last place finish in the division since henry edwarner took over. >> mike barnicle is here. >> he's got a tie on. >> tuck your shirt on. >> watch how this press conference came about. >> that's not right. >> he's briding his bicycle. and he stops and gives a little press conference. check this out. >> i'm disappointed, yeah. you know, this is not the press conference that i was expecting at the end of the season. >> how much are you going to miss the organization? >> oh, there are a lot of great guys. i've gotten texts from many of them already today. i'm sure i'm still going to be with them. you know, at least in their hearts and their minds. i mean, a lot of things didn't go well, but, you know, an experienced manager's supposed to put his finger in the dike and keep the water on the other side, you know. i just missed that. >> bobby v.'s a good manager. he had no players. >> he had no players. and by the way, the fans were on him the first week of the season. playing with the same team that had the historic collapse in september. >> yep. >> okay, what's next? >> when he got on them, they took the players' side. >> oh, yeah, got on them. and then they go, oh, you don't know the red sox, eating fried chicken and drinking beer. that's the red sox. >> now they're looking for john ferrell, blue jays' manager. he was the pitching coach in boston for five years or get the yard ready for cool an energy weather?n to size? the answer? a lot less. the great american fix-up is going on now... ...with new projects every week and big savings every day. so you can do what needs to be done. today. more saving. more doing. that's the power of the home depot. right now, owens corning ecotouch attik insulation is only $11.87 a roll. >>> capitol hill as the sun comes up over washington. time now for the "must-read opinion pages" at 45 past the hour. we'll start with dana milbank who writes in "the washington post," "duck duck lose. "in the hours after the republican challenger mitt romney embarrassed the incumbent in their first meeting, obama loyalists expressed puzzlement that the incumbent had done badly, but he set himself up for wednesday's emperor has no clothes moment. for the past four years, he has worked eed assiduously to avoid being questioned, maintaining a regal detachment from the media. obama was out of practice and unprepared to be challenged. the white house had supposed that obama's forays into social media, town hall meetings with youtube, twitter, facebook and the like. by relying on such venues, obama's argument skills atrophied, and he was ill-equipped to engage in old-fashioned give and take. >> donny, igree with that more. this wouldn't happened with tony blair or margaret thatcher. i wish we had more of that in the american system, but we do insulate our presidents. >> this guy in particular insulates himself. and the one thing that over the last four years, i've heard from everybody that has any connection to the white house. he doesn't listen to anybody around him. and he didn't listen to the guy he was standing next on stage with, and it's as simple as that. >> okay. charles krauthammer, romney, two touchdowns. obama was undone on wednesday in part by his dismissive arrogance. you could see him thinking annoyedly, why do i have to be onstage with this clod when i've gone toe to toe with putin. obama never pulled out his best weapon, the 47%, not once. that's called sitting on a lead, lazily and smugly. i wager he mentioned it in the next debate more than once and likely in his kickoff. by the end of the debate, obama looked small, uncertain, it was romney with the presidential look. after a failed presidential term, so failed that obama barely even bothers to make the case, preferring to blame everything on his predecessor hinge almost entirely on whether the challenger can meet the threshold of acceptablibility. romney trushed the threshold on wednesday night. >> donny, you're shaking your head yes. >> interesting thought on how you can understand this could happen. in my mind, i think i was the smartest guy in advertising. and if all of a sudden i'm on stage with a guy who's got a small advertising agency -- >> by the way, nobody challenged you for four years in a row. >> and i now -- he's describing his media strategy. it's like, what? i'm going to talk to -- like you can see the psychology behind it. if you're going up against a guy who has a little public access talk show and you have to go one on one, it's like you can't help but go, i don't deserve to be doing this. now, unfortunately, you've got to, and that's what happened to the guy. >> it is human nature. and by the way, mark, we were talking about this yesterday. it happened to ronald reagan in 1984 in his first re-election debate. he was terrible. it happened to george h.w. bush in 1992 in his first re-election debate. he was terrible. it happened to george w. bush in 2004 in his first re-election debate. he was terrible as well. it is hard to be that insulated for four years. and this one takes being insulated to a new degree, this president does. as did george w. bush, i think, in his eight years. so i guess it is human nature to come out and be shocked that somebody's punching you in the face after being so protected and basically play some bubble wrap in four years like we do with our president. >> the president is usually pretty good when the game's on the line. and the game's going to be on the line in two weeks. he's got to perform better or it will be a real problem. i think just to focus on the debates forgets the fact that governor romney needs to perform in the next two weeks. he can't just wait for the next debate. he did a conservative event. he did hannity. i still don't get the logic of his friday. >> how many days out are we, and he is finally -- >> he should do "letterman." >> i get the logic of it. he had a great performance, mika. let it breathe through the weekend. >> willie's "week in review" is next. >>> oh, it is time? >> it is, mika. it's time for "the week in review." >> let's see it. >> at number three, deer lord. >> that was so [ bleep ] radical! >> a long-board skater got a real feel for the local wildlife of colorado's buffalo bill downhill blood spill race. rider and deer were both okay somehow after the collision that was thoroughly enjoyed by the dude who captured it on his helmet cam. >> holy [ bleep ]! that was so [ bleep ] radical! >> skater meets deer still is second, though, to last year's bicycle rider meets 300-pound leaping antelope. >> whoa! holy cow! >> at number two, catch of the day. a fisherman on jupiter beach in florida hauled in a big one this week. the rare 400-pound marijuana fish. >> you're going to need a bigger boat. >> the guy stumbled on a million bucks worth of weed as it washed ashore in burlap sacks. that particular kind of catch, sources say, is best served wrapped in parchment, smoked slowly and finished off with a giant bag of cool ranch doritos. and the number one story of the week -- >> i'm sure this was the most romantic place you could imagine here with me. >> mitt romney jolted his campaign this week when he stood toe to toe with the president of the united states in their first debate. >> mr. president, you're entitled as the president to your own airplane and to your own house but not to your own facts. look, i've been in business for 25 years. i have no idea what you're talking about. obamacare's on my list. i apologize, mr. president. i use that term with all respect. >> i like it. >> good. so i'll get rid of that. >> romney still fueled apparently by the pork burrito bowl he had at a denver chipotle the day before, was feeling so confident that he fired the modera moderator right on the spot and told him to take his friend big bird with him. >> i'm sorry, i'm going to stop funding to pbs. i like big bird. >> i don't understand. everything was just fine. >> sadly, governor romney did not treat the viewing public to many of his highly anticipated zingers. >> barack obama is an extremely gifted speaker. you might even say he's a master debater. that's what she said? zing. you've got zing. >> captured the reaction to president obama's debate performance, we now turn the program to over to our good friend chris matthews. >> where was obama tonight? romney, i love the split screen, staring at obama, addressing him like the prey. he did it just right. i'm coming at an indumb bent. i've got to beat him. you've got to beat the champ, and i'm going to beat him tonight. and i don't care this guy moderator whatever he thinks he is, because i'm going to ignore him. what was romney doing? he was winning! >> the man. chris matthews. crystallizing it all for us. >> i like how chris was outside in the hair. >> it added to the whole, you know, aura. >> chris matthews was a man on fire. >>> up next, "the washington post's" eugene robinson and mike barnicle joins the conversation. jim cramer 90 minutes ahead of the jobs report. these fellas used capital one venture miles for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with the capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. ♪ playing a lone hand ♪ my life begins today ♪ ♪ fly by night away from here ♪ ♪ change my life again ♪ ♪ fly by night, goodbye my dear ♪ ♪ my ship isn't coming ♪ and i just can't pretend oww! ♪ [ male announcer ] careful, you're no longer invisible in a midsize sedan. the volkswagen passat. the 2012 motor trend car of the year. that's the power of german engineering. marie callender's gives you a way to make any day a special occasion. new mini cream pies for one. real whip cream and a cookie-crumb crust. marie callender's. it's time to savor. check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> now, of course, a lot of bellyacres on the left, incidentally bellyacheing not covered under romney's plan, paid attention to the words they said and pointed out that mitt changing almost all of his positions could backfire like this from npr. "romney goes on offense, pays for it in first wave of fact checks." oh, no! mitt could lose the fact-checking race! quick, some fact checker should research how many electoral college votes the swing state of factchecklesvania has. because i think -- i think -- i think it's even fewer than north i don't give a [ bleep ]. >> welcome back to "morning joe." top of the hour. mark halperin and donny deutsch are still with us. mike barnicle joins the table. mike, what are you doing? >> tell them. >> i mean, look at this. >> mark halperin brought me some baseball cards. >> we are looking at 20-year-old baseball cards. >> what do you got? >> that's some good stuff. >> terry francona when he played for the reds. >> david justice. >> how old are you? >> do you remember this? do you remember the flipping? can i get a camera for a second? this is important. >> wow, you're pretty good at that. >> whose card was that? >> mika, you want to talk about engender gap, all of us holding this? it, like, brings back a flood of memories. >> is there a piece of gum in there? >> yes. >> i'll take the gum. i like that part. >> there was a time where i could tell you what every world series -- >> what the hell, is this like 80 years old? >> 1903 to 1981. do you remember those cartoon cards in the world series? >> yeah. >> i still have those somewhere, but it helped me memorize every world series. those things were great. >> how old is this gum? >> vintage. >> it's not about the gum. >> this is where young men get introduced to currency, seriously. this was money to us. >> jack clark hit an enormous number of home runs. >> jack clark was a vicious right-handed hitter. you would not want to be playing third base. the ball sounded differently off his bat. >> really quickly, bobby valentine out, about as unfair -- i mean, this guy was set up. you talk about a patsy who was set up. this guy was set up with a team that had the worst september in baseball history, the biggest collapse. and the fans and the media turned on him day two. day two of his first season in. >> i would argue by noontime on day one. >> it's so unfair. >> he was dealt a terrible hand. there was no way he could win in quotation marks in any way imaginable, given the lousy roster that he was presented with, given the strife, the dissension on the team within the clubhouse. yeah. but a very interesting guy. >> worst record for the red sox since 1965, and bobby v. had nothing to do with it. nothing to do with it. you have to look at theo epstein first. just a horrific team. >> you have to look at everyone. >> you have to look at the players. >> this is always the case nine times out of ten when a manager is fired. he's a patsy. >> he got set up, in a horrible situation. and i've got to say, you know, i've been a red sox fan since '75. but the fans themselves this year were just -- just horrific to him from day one. you know what? give him a couple of months. and if he makes some bad moves like we've seen red sox managers do year in, year out, then fine. but the thing i loved about the guy was, he would play each game like it was the seventh game of the world series, go into his bull pen. he did everything he could do. >> this must be a very difficult time for you guys. >> not really. because you know what? you guys are grease. the yankees are going down because you've got to pay a-rod $250 million for the next 80 years. you guys are sunk. >> yeah, but i think we're in the playoffs and you're not. >> that's fine. i accept that. you were about eight months away from playing in the assisted-living all-star game. >> we are at the end of our empire. >> this is like queen victoria's silver jubilee. i mean, it's going down after this. >> that was the worst piece of gum i've ever had. >> world war i is around the corner and the empire is coming down. >> pulitzer prize-winning columnist and editor of "the washington post" and analyst eugene robinson. good morning. >> good morning. >> gene, are you a nationals fan? >> absolutely. we have a baseball team that's on the rise, best record in baseball. >> you do. >> best pitching rotation in baseball. the last month of the season, best slugging team in baseball. this is a hot team. >> i'll tell you what -- >> can they plooease just be th senators? >> i'm going to cheer for them, but i'm going to call them the senators. >> we don't care what you call them, just watch them. they're really a fun team to watch. >> let's try and move this conversation down the road a little bit. >> go braves. go ahead. >> during wednesday's debate, mitt romney defended his tax plan, rejecting president obama's claim that the plan would ultimately raise the tax burden on the middle class by eliminating some tax deductions. the romney campaign has released an ad, claiming it's the president who would increase taxes on the middle class. take a look. >> who will raise taxes on the middle class? according to an independent nonpartisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. the same organization says the plan for mitt romney and common-sense conservatives is not a tax hike on the middle class. want proof? read the nonpartisan study for yourself at american.com. obama and his liberal allies, we can't afford four more years. >> i'm mitt romney and i approved this message. >> okay. and yesterday while in council bluffs, iowa, vice president joe biden shot back agreeing the obama plan would raise taxes, just not on the middle class. >> on top of the trillion dollars of spending we've already cut, we're going to ask, yes. we're going to ask the wealthy to pay more. my heart breaks. come on. man. you know the phrase you always use, obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do, in one regard. we want to let that trillion-dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super wealthy. that's not a tax raise. that's called fairness where i come from. >> mike, we love him. >> okay. >> i'm just wondering, because i'm not sure, it didn't work for mondale in '84 in san francisco, but should joe biden, our dear friend, be promising a trillion-dollar tax increase? >> well, you know, the sound bite is not going to work. yes, we will raise taxes. >> yes, we will. >> you wonder what people hear after he says that. >> a trillion-dollar tax hike. >> warren buffett will pay more in taxes. that sort of works but he never really got there. >> they think the same thing as what he said last week after he said that the middle class has been buried over the past four years. >> i just don't think people that are dumb. >> i will tell you, though, i would be willing to bet some money that the vice president will be much more effective in his debate with paul ryan than the president was in his debate with mitt romney because the vice president is used to getting beaten up. >> well, that's not a really high bar, is it, now. gene robinson, you wrote "obama's off night gives romney an opening." and i do think that joe biden has been out there and is used to getting beat up. and i think will do very well in the debate along with paul ryan. but your column, talking about obama's off night. can you help us out here? we're trying to figure out what happened to president obama. where was he? >> where was he? that's the question. it was really, you know, you kind of watched the thing unfold and just wondered when it was -- when the debate was going to start, basically, because -- and when the president was going to, you know, become president obama again. all the stuff you guys said in the last segment is probably right about that performance. and it's not that unusual, if you look historically for an incumbent president to have a rough time out of the blocks on the debates. and they tend not to do very well in the first one. that was certainly true this year more than most years, i think. you know, look. on the plane coming back, i was with one of the president's most senior advisers who just, you know, said hey, what can i say? let's move on to the next one. he had a bad night and we'll have a better night next time. >> okay. so this ad spurring a debate about taxes on the wealthy versus taxes on the middle class, mark halperin, the candidates go to virginia today. obama goes to ohio. romney goes to florida. in just about an hour and a half, we're going to have the monthly jobs report out. according to a reuters survey, economists are expecting about 113,000 jobs added to the unemployment rate. how do you think that might impact the conversation in the campaigns moving forward? >> well, i think it depends how they talk about it. part of the vulnerability exposed in the debate was not just stylistic, but the president has trouble talking about his record on the economy because he's got to be proud of what he's accomplished along with an understanding that a lot of people are still hurting. and he has trouble talking about the future. so i think that the numbers are an opportunity for governor romney to say their strongest line from the convention is the one they're emphasizing now, which is why would the next four years be any different than the last four years? i think the president needs to try to trump that by saying more than just you don't want mitt romney. he's got to say, what is his second term about? and i think one of the biggest failures of his debate performance was, he didn't paint a picture of positive -- what a positive agenda would be like for him in a second term. he just tried to talk romney down. and the numbers are a moment where he's going to have to do that and say why are these numbers bad and why will they be better if you re-elect me? >> gene, both camps have not really talked about the next four years. the romney people have been open about it up until recently when i think "the wall street journal" and a lot of conservatives have smoked them out, so they're getting a little more specific on deductions and a few other issues. but you could say the same thing about the president's team. they made the calculated decision to not talk about what they're going to do over the next four years. and that puts an incumbent in the position to do nothing but defend the last four years, doesn't it? >> well, it seems to me, look, what do people want to hear? i mean, really, what do people want to hear? why are they going to vote for one candidate or the other? it's what they're going to do over the next term. you know, we said on this program months and months ago that the winner of this election would be or at least should be the candidate who lays out a sort of positive forward-looking agenda for the country. and who finds a way talking about the economy, our situation, where we're going, why we're going there in a way that connects with voters. and so we're, you know, in many ways, we're still waiting for that. i thought -- and i thought maybe that was the most significant thing of the debate the other night. i thought it was -- i thought romney inched closer to that. he's still not specific. he won't talk about what deductions he's going to cut and what he's going to do exactly, but at least he acknowledged there would be a future, not just a past he was critical of, and that he would do some good stuff, he said, even if he wouldn't be specific about it. >> gene, i think we ought to come to terms that we won't hear answers from either one of them in the next four weeks. and it's simple because you can't give any clear answers. it's more what they say. if you really dissect what romney said, there were a lot of factual errors in there. he doesn't have the answers as far as the 5 trillion. he doesn't. and obama doesn't have the answers specifically what's going to happen. so it's really style at this point. >> i'll tell you -- and this is one of the things where the president -- again, surprised the president wasn't better on his feet. mitt romney actually moved the goal line. and what he said was -- and this is fascinating, i'm going to say as a conservative, as a conservative that's been obsessed over the debt for 15 years, i actually like what he's saying. i will not pass a tax cut that will raise the deficit by 1 cent. that's something new that we've -- we haven't heard that before. >> he doesn't logic that out. i could say anything. i could say i'm 6'5". >> and what i'm saying, no, it doesn't square up with what he's been saying in the past, but a lot of things that he said the other night were different. and i think we saw mitt romney shifting to a general election campaign, not at the convention when it usually happens, but in the middle of the first debate. >> it was almost as if president obama were taking notes on all the stuff for later use, you know? >> right. >> why not jump in and say, well, just a minute, governor romney. you just said i will pass a tax cut, but i will not pass a tax cut because if you do pass a tax cut, it's going to add to the deficit. so which is it? you know, you're contradicting yourself in the same sentence. and that sort of thing. and, again, one has to expect that the next debate will be different. but i thought there were 15 opportunities to jump in and say, gvovernor romney, that doesn't parse with what you just said, or that doesn't parse with what you said last week or, you know, gee, what about the 47%? but anyhow. that was the other night, and i guess we'll move on. >> i think we have a tendency to overthink these things in terms of the debate meant this, the debate meant that. most people aren't sitting around waiting for the fact checkers to show up. most people don't have paul krugman on speed dial to verify what was said or not said. but most people watching the debate know one thing about it. and they know that there's a lot of debate prep that goes on with both of these candidates. and to a certain extent, you don't really know what's going to come out of the president's mouth or out of the governor's mouth during the back-and-forth as gene just alluded to in the debate. but you do know one thing. that they have the opportunity to put together a package for an opening statement and a closing statement. let's call the closing statement the follow-me moment when each of the candidates gets two minutes at the end of the debate to look into the camera and tell the country what's on their mind about where their presidency is going to take us. the president of the united states, in his two-minute follow-me moment, was shockingly bad, shockingly bad. >> he was. >> and i think that, maybe more than all the back-and-forth about the stats and the economy, maybe resonated more with people than any other element. >> and mike, that wasn't strategy. that was just a president who was ill-prepared. which reminds me, bud wilkinson, one of the great football coaches in college of all time, bud wilkinson always told his players, it's not about whether you win or lose. he actually meant that. all i care about is whether you're prepared. and if you're prepared when you go out on the football field, i don't care how the game ends up. well, this president was so ill-prepared. now, when you're president of the united states, you've got a few other things to worry about as well. >> yeah, you do. >> you do. but if you want to be president for four more years, you've got to at least have -- and why didn't he have a justification for his last four years in two minutes or less? this is what he said -- >> they should have played the bill clinton tape. >> this is what he said at the end of the debate that mike said was shockingly bad which, again, reminded me, took me back -- and i know mike, you'll remember it, all you guys will remember it -- ronald reagan in 1984 where i just sat there in horror how he was going to try to bring this thing in for a landing. >> four years ago i said i'm not a perfect man and i wouldn't be a perfect president, and that's a promise governor romney thinks i've kept. but i'll fight every single day, i've kept that promise, and if you'll vote for me, then i promise i'll fight just as hard in a second term. >> wow, i'm trying. >> you're trying what? >> that's the message, i'm trying. >> i'll fight for the middle class. >> "e" for effort. >> every city council person from here to, you know, seattle, washington. >> he's got a lot to talk about. >> he's got a lot to talk about. >> maybe he had the flu. >> maybe he had the flu. maybe that was it. gene robinson, does he have the flu? >> was it the altitude? mika said maybe he had the flu. >> didn't al gore say it was the altitude? bad night. >> yeah, altitude. >> there's no way to kind of spin it. and as i said, you know, very quickly, the white house administration spin team was spun out. you know, they just didn't -- there was no way to spin that into a terrific performance. you just kind of, you know, nothing to see here, folks. let's move on. >> let's move on. yeah. >> and, you know, we'll be better next time. >> let's move on. eugene robinson, thank you very much. the column is online at washingtonpost.com. >> you do know what's happening. you know what's happening here. it's like i said on monday, this race is not over. mitt romney could have a debate performance that could reset it. e we're setting up the next act so obviously. we're setting it up. >> i was just going to say that. >> for the president to do well. >> and by the way, all he has to do well and it's a home run. he has such an easy, clearly defined role now. he just has to be aggressive and he wins. >> as my torts professor, dr. pierson, used to say, you should be able to see this next step coming like a freight train out of the mist. it's coming right at you. >> remember from the primaries, though, when romney got challenged by gingrich and perry, he was pretty good coming back. >> that's not so say romney won't be good. all obama has to do is have testosterone in the next debate. >> i think we see the new romney and he's going to be great. i think the president, just like reagan in '84, we keep saying it, just like, you know, george w. in '04. >> it's teed up. >> look, they're still looking at baseball cards. >> nolan ryan, mookie wilson. >> i never got baseball cards when i was -- >> mookie acquired his nickname from his grandmother. >> all right. >>> up next, "mad money's" jim cramer joins us on set. >> that's big. jim cramer, man. it doesn't get any bigger than that. >> cramer! >>> beautiful shot of the sunrise and a plane taking off in washington, d.c. welcome back to "morning joe." 23 past the hour. that was pretty. >> could have been t.j. thank you, t.j. >> here with us now, the host of "mad money," jim cramer. i don't know if he's mad. he's feeling pretty good. >> so jim, what are we going to see at 8:30? i mean, we're not going to -- not going to get great news, are we? >> is it going to be bad? >> a lot of industries not hiring. a lot of industries still cutting back. of course the government's cutting back, housing not coming back. against that health care hiring, automobiles hiring, housing -- the apartments, better. >> so jim, i hear the same thing from business owners, small, midsize, large. they all say the same thing. how you doing? hey, we're doing pretty good. who you hiring? nobody. >> great way to be able to make money is to hire fewer. >> they're flush with cash, most businesses, but they're not going to hire because there's just the big -- there's a big question mark over what's next year going to look like? >> we have earnings coming out next week. we'll be looking for three things. how bad sales are overseas. that really matters. we'll be looking for people talking about fiscal cliff. everybody's using that as an secure. we'll see how many people they fired so it will make it seem earnings are even better than we thought. >> jim cramer, moderator of the second presidential debate, give me a question you would ask mitt romney and a question you would ask the president of the united states. >> can we -- do we have to be particular topic that we have to stick with? >> nope. >> okay. i would ask the president of the united states, why he has not tried to figure out a way to be able to make it so that industrial america hires, okay? because industrial america hates hiring now. okay? and i would ask romney why -- >> wait, wait, what's the answer to that? how do you make industrial america hire? what's the answer? >> industrial america can actually respond to government breaks. industrial america would take -- if you allowed this em eed thet money back from overseas with assistance of hiring, they would do it, but the money's all overseas. they're not repate yriated. >> why would you let them bring the money back in and all they'll do it use it for dividends? >> that's what they did under the republicans. they didn't care. they made no deal. these guys would make a deal. if you just committed to saying, listen, you have 10,000 employees now. if you have 12,000 employees a year from now, we are going to let you repatriate. but they've got to put it first. you hire, then you get the money back. because if you give them the money back first, they will just give it to shareholders. >> that's right. >> by the way, there are worse things to do than getting $2 trillion back circulating in the united states. because you know what, the shareholders aren't all gordon gecko. >> 90 million people. >> so i hear these people going, oh! they'll just give the money to shareholders! how terrible to put $2 trillion back in the economy! >> you can make a deal -- the government can make a deal. >> make a deal. >> for romney, i would say, how did the stock market go up from 9,000 to 13,000 if obama's so bad for business? he never takes that. romney, of course, doesn't want to attack on that issue because the stock market's been great. obama never takes credit for anything, having to do with the stock market. i think he just thinks it's for rich people only. you and i know it is how people save for college, and it's how they save for retirement. but obama doesn't want to recognize that. >> i don't know about you guys, that's how my dad paid for my college education. he had worked for a company and invested in it, and ten years later, it grew enough that he could pay my way through college. >> i did the same thing for law school right through the stock market, was able to pay back everybody. >> if the president's re-elected, what are the chances that the american business community will think anew about him and be happy that he's re-elected and happy about -- and have confidence that he knows how to be a good pro-business? >> the answer would be because he goes to congress and comes up with a deal. if he comes up with a deal so we have some certainty about what our taxes are going to be and that there won't be massive layoffs from the federal government, he will be hailed as a hero because that's what people talk about, will it be oil or gas or clothing, apparel, retail. these retail executives say we are not getting the sales we'd like because everybody is worried about getting laid off because of this fiscal cliff. it's in the mindset. the president solved it, bingo. >> you just said the word. if i boil down the past four years of economic hardship why we're stalled from every businessperson i talk to at every level, from the small business, bagel owner at bagel heads in florida to jamie dimon, they all say the same thing, uncertainty. if it's jamie dimon, you don't know how much you'll be able to grow jpmorgan chase because of uncertainty. if you're rob at bagel heads in pensacola, florida, you don't know whether you hire another employee because -- and every time i go in there, i hear about this tax, are they going to pass it? no. i hear they'll do this regulation. how will that impact me? i said don't worry about it, it will never get through the house. what about this? >> it's true. >> what the bozos in washington don't understand is when they go on the floor and make these proposals to play to their base, they're scaring the hell out of millions of small business owners, and it all comes down to uncertainty. we hear it every day wherever we go. we're afraid to hire. >> if you look at the 18 different breaks that the president gave small business, almost entirely a lot of them require you to be profitable. come on. we know when you start a business, you're not making money. but we at least know where to go if we know whether government's going to say this is all we care about. they seem to care about everything. >> so jim, is it possible that for some of these businesses that are flush with cash, that are making profits, that they're using uncertainty as an excuse? is there an argument there? why aren't they hiring? >> i think everyone wants to beat the numbers so to speak, and you want to do it through growth not just through bottom line. money is tantalizing. this is billions of dollars. there's some industries that aren't growing clearly, technology is in entrenchment because of europe. europe's not our fault. >> i'm not counting those in the question. >> mika, your question assumes that men and women that own businesses are looking for an excuse not to hire people? i have never met a business owner that didn't want to make more money, that didn't want to grow. >> and they are. >> that didn't want to hire. mika, let me finish, that didn't want to hire more people. you know what happens when you hire more people? you make more money. and that's why dooi-- and we've heard it. the president will walk into a meeting with all of these business owners. and he'll say to them, this is his advice, hire more people. hire more team. >> i want to do a real estate game. i'm trying to buy property. >> but they won't because they prefer their profits. >> i'm trying to buy property. >> mika, that's just dead wrong. that is just dead wrong. >> if you want to expand restaurant, small real estate business, you need loans, okay. but all you want to do, if you have one building is to do two buildings. one restaurant, two restaurants because you know what you're doing. you've got the scale. you want to hire because it's profitable to hire. but right now uncertainty. uncertainty. and the banks are really uncerta uncertain. i don't blame them. the banks don't know what's going to happen. >> were you surprised at all that the issue of housing? most people's wealth, their investments, their sense of security is tied up in their home. the issue of housing really didn't come up the other night. >> how could that not have happened? >> that's what i'm asking you. >> how could we have 1.7 million housing starts five years ago and now we're content with 500,000? why are we building the same number of houses in 1961 when we had 50% of the people in this country? that is a great issue because when you build housing, you put a lot of people to work. 10% of the economy directly related to housing. >> we've had a year of paralysis in washington. the president decided a year ago nothing was going to get done. that caused a lot of uncertainty because the big chunks that people are worried about, taxes, spending, deficit. it's got to be taken care of. a quarter of his term has been political fighting. that's why the uncertainty scares people, not just the fiscal cliff but dealing with the fiscal cliff. >> mika, i think you're right. i think you're right. whatever you said was right. >> mm-hmm. >> jim cramer, thank you very much. >> blank check. >> she gets a blank check. >> not great number. i'm afraid. not great number. >> we'll see you on "mad money." >> thank you. >> weeknights at 6:00 and 11 on cnbc. >> it's an amazing show. >>> our conversation with ed asner. first a story of courage and survival in nazi-occupied poland. >> look at this, it's a family reunion, mika! >> author matthew brzezinski joins us next. come here. i didn't see you standing over there. how are you doing? it's great to see you. "ever ask somebody to lend you a foot?" "who thinks about stuff like that?" "vince mahe grew up on two continents... and noticed that wherever you go, people have their hands full, but their feet free." "the result? a liftgate you operate with your foot." "code name?" "open sesame" "the all new twenty thirteen ford escape. it's what happens when you go further." check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> it's time for another family hour here on "morning joe." joining us now, author matthew brzezinski. he is out with a new book, "isaac's army: a story of courage and survival in na nazi-occupied poland." great to have you here. he's my cousin. we spent a lot of time together growing up. he beat me up a lot, too. >> did you beat mika up? >> i did not. i actually have to say, it's unnerving going on television for we writers. but it's especially unnerving when the interviewer knows all the stupid things you did when you were 12. >> exactly. >> and can bring them up at any time. >> what about 16, 17 and 18? don't forget those years because those were horrible. >> there's a police report about that. >> you talk about isaac's army and you talk about the brutality that jews in poland underwent starting in 1939 when the nazi troops came in, but about a remarkable underground movement that over the next four years would lead to the warsaw uprising. >> i mean, this book, what drew me to this book is it's really about sort of the extremes of human behavior. you have courage on one hand and cruelty on the other. and what amazed me in researching the book and meeting with people is how we're all capable of this. it's in all of us. and, you know, when i set out, i was, like, well, i'm looking for jewish heroes. what is it about these particular people that they experienced -- they went through unbelievable hell. they fought against incredible odds. perhaps no other in modern history. >> we're talking about quickly the brutality that mounted, the germans came in and almost immediately after occupying poland and warsaw, the walls went up. you said naked bodies were soon found spread out all across -- >> that took a couple of years, actually. and that's the genius of the germans. that this was all very -- everything was incremental. so the germans come in in 1939. the walls don't go up until well over a year later. the people don't start starving to death, typhus doesn't start hitting until another year later. it was the genius of the germans that this happened so slowly that the unimaginable that was happening was unimaginable to the people that it was happening to. they couldn't believe this is happening to us, when they started hearing reports of oh, my god, after the invasion of the soviet union in 1941, they started hearing reports of mass, mass murders in parts of poland that were now under german control. and they were, like, in warsaw, we can't believe that people are getting slaughtered. this is impossible. this can't be happening. and well, that happened there, but it will never happen here. and there was the genius of the germans that they gave people just that little bit of hope. and people clung very desperately to that hope. >> so you base this book on first-person accounts, on diaries, on surviving relatives stories. tell us about this cast of characters that take us through this book. because they sound incredible. >> the book is named after isaac zuckerman who is a big blond kid, very charismatic guy who was a zionist before the war. and it is really his efforts that lead to the creation of an underground. very amateurish. he's leading an army of teenagers who have no military experience. and they're living sealed in the warsaw ghetto where the death rate is 1,000 people a day are dying of typhus or starvation or whatnot. and they have to then basically, out of nothing, create a military structure. they have to build their own weapons. they have to sneak out of the ghetto to try to buy weapons on the black market. they launch this astonishing uprising. for 28 days, they stun the s.s. who are not expecting this at all. then they sneak out, the survivors of that, sneak out through the sewers, regroup on what is then known as the aryan side, meaning outside of the ghetto, go on to fight in the citywide uprising a year later where 200,000 -- this is the largest uprising of world war ii -- 200,000 people die. you know, it is just a slaughter. then the soviets come in. you know, when the soef jet vie in, the secret police is coming in, and they have to navigate that new minefield. and eventually, they have to smuggle their way into palestine. it's an epic tale stretching from '39 all the way to 1946. >> talk a little more about what happened to isaac zuckerman. >> isaac ended up founding a kibbutz in israel. you know, it really -- i did want to focus on sort of the happy -- this is supposed to be an uplifting story. the backdrop is this horrific death, obviously, but it's a story about the undaunted human spirit. so isaac, after the soviets came in, isaac rather, you know, rather shrewdly exploited some of his contacts within the new communist-backed government. and they, in fact, use the success -- the predecessor of the kgb to sort of run the blockades, the british blockade and get hundreds of thousands of holocaust survivors into what was then palestine to found, eventually to found israel. and i think he could have made a real political career, obviously. he could have possibly been prime minister. and he just said, you know what? i'm done. and he wants to attend to his vegetable garden on his kibbutz and lead a quiet, you know, sort of peaceful life. he did and passed away in the 1980s. >> the book is "isaac's army: a story of courage and survival in nazi-occupied poland." matthew brzezinski, thank you and it's great to see you. you look wonderful. >> thank you. so do you. >> i'm proud of you. >>> ahead this morning, chuck todd. keep it right here on "morning joe." with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business credit card! 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[ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ed asner. lou grant, which he portrayed on both the sitcom, the mary tyler moore show and its dramatic spin-off. lou grant. he is the only actor to win emmys for playing the same character in both a comedy and a drama. in a few clicks you can get full episodes of both shows with the tivo premiere dvr. nobody finds your entertainment like tivo. >> joining us on the set emmy award winning actor ed asner. very good to have you onboard. you're starring in the new broadway play "grace." it's really great to have you on. an honor. >> thank you. >> my gosh. can you believe this, willie? >> this is huge. >> a legend. >> so, ed, you're back on broadway. this is the first time since 1989. let's talk about "grace." you said it was a really important play for you. >> oh, yeah. >> why is it? why is it so special? >> it discusses god from many aspects, religion from many aspects, morality, getting carried away with god is as offensive as denying god. >> i was going to ask you personally. you obviously have a problem with people proselytizing and getting in your face about god, but do you believe in god? >> i haven't made up my mind. >> you got time. >> yeah. i don't think so. >> you've got time, my man. >> yeah. >> in your absence from the stage, and you've been so successful in everything you've chosen to do, did you realize how much you may have missed the instant feedback from a live audience? >> well, i would like to say yes because this play means so much to me, but i've been touring for three years with a one man show of "fdr" and i know i don't look like him, i don't sound like him but, boy, i love to preach him. >> i bet. who are you politically? through time, because -- >> they would be too liberal for you. >> well who are they? >> you'd probably be surprised. >> not for me. >> i know. >> well, hell you could go with carl marx with her. >> oh, please stop it. >> we need leaders who inspire. who inspired you? >> roosevelt certainly. god the father when he died. i mean, would we ever live again? i liked george mcgovern a lot. i loved what he stood for. granted, they crucified him. forgive me for using a religious expression. but he was a good man and continued to be a good man. i haven't been pleased with most of the others since and if i like them personally, fine. but the results were not what i wanted. >> what about barack obama? he came four years ago with a lot of hope. you were actually out front supporting senator obama. are you pleased with what he has done? do you think he's pulled back like some progressives believe? >> hasn't been brave enough for me. >> on what issues? >> any of them. >> i thought all of his measures were taken haltingly and halfway measures. they should have been plunges just as fdr did. >> it's so fascinating hearing you talking about fdr when he died not knowing if the world was going to go on. i remember my mother, she was 12 at the time when fdr died and she said that they went home scared because they didn't know. >> sure. >> what was next. my mom said fdr was king and we wanted him to be king forever. we loved him. we adored him. and it just makes you wonder why we can't get politicians today who of course aren't fdr. nobody will be like fdr again but can at least get the respect that our leaders used to get. >> well, i grew up in a household where both my parents, my mother and my father, were convinced and i think rightly so, that franklin delano roosevelt saved this country. >> it's amazing how he gave the working man a feeling of equality. i had a friend who told me how he came on the back of a train to hartford, connecticut where all the insurance companies had come out against him and he said, my friends, i want you to know that if you vote for me, the insurance companies will fail. he just bit them right in the mouth. >> in hartford. >> all right. ed asner, thank you so much for being with us. >> the broadway play is "grace." ed asner, it is so great to meet you and an honor to have you on the show. >> i'm honored to be with you. >> thank you so much. >> did you know that ed asner has played santa claus five times? and if you had tivo premier to search cable tv and the web simultaneously to call up ed's entire career in a single menu you could see each of his portrayals of st. nick. put it all at your finger tips. brought to you by tivo. 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[ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> good morning. it's 8:00 a.m. on the east coast 5:00 a.m. on the west coast as you take a live look at new york city. mika, who is with us today? >> first you have to tell everyone it's time to wake up. mark halperin joins us and donny deutsch. >> okay. the kids will be talking about it all weekend. >> i'm still curious about what everybody is waiting for in those first debates. i don't want to be cynical. i am not quite sure what is going to happen there that is going to flip the switch. we've seen these guys. i know we haven't seen them together. give me a scenario, for instance an actual back and forth that could actually happen that you would go, save one of them. >> what if one didn't show up? >> would you like me to support my original thesis? number one among undecided 5% one-quarter of those, a 1% shift. number two, every poll before the first debate usually ends up being the stand up poll at the end. number three more importantly actually the leader, the front-runner now gets to be the underdog in the next one. what is it going to change? >> the outcome of the election. >> no it's not. what can we bet right now in a serious bet in front of the american public about 6 million people watching as we speak, let's make a meaningful bet. >> you're not even talking about armed forces radio. what about the troops? why do you hate the troops? >> okay. 20 million people watching. let's make a serious bet. did he win the debate? slam dunk. embarrassment. >> okay. >> what can we bet it is not changing this election? >> i'll think about something. i do think what happens is it changes on the margins. suddenly florida, nevada, colorado, virginia, north carolina, all of these swing states that were close, i think, if ryan/romney have a couple more good debates those all go into the romney column. but at the end of the day though the question is can he make up the big difference in ohio? can he make up the big difference in wisconsin? because if he doesn't win ohio he's going to win wisconsin, the romney people still think he can. i tell you, after that debate and after barack obama's performance, which was staggeringly bad. >> all right. >> no, i mean it. >> okay. >> i'm hearing this from democrats. and this broke through, you know, we always hear about how americans aren't paying attention. they're looking at reality. so this broke through. everybody was talking. but not just how well romney did but how badly the president performed. >> well, just as i think it was premature to declare the race over before, i think it's too soon to say that performance is widely watched as it was and as strong as it was is actually going to move numbers. we've yet to see any numbers move. i think they probably will some and i think that on the other hand did governor romney win the day yesterday in the news cycle given how strong he was thursday night? he didn't decisively win it. he did one event late in the day. he did one event late in the day. look at the evening newscast, the morning papers. >> he doesn't have to win every day. >> i think he has to win most days. he lost about two months of days. i think he's got to win and for them to come out yesterday and not win the cycle again i think the numbers will move. i don't think the race is over either way. i think they need -- they're still wasting time. >> i'm glad, mika, they actually kept him back a little bit. let's not have a mistake the day after the great night. >> it was probably one of the strategies. in terms of numbers moving, 67 million people, viewers according to nielsen with a few million more watching online saw the debate. and yesterday the president was on the campaign trail. large crowds awaited both candidates actually on the trail. obama, president obama greeted by some 30,000 supporters in madison, wisconsin, came out ready to fight back finally and showed some of the fire that people were looking for in denver. >> when i got on the stage, i met this very spirited fellow who claimed to be mitt romney. but i know it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealty y and yet the fellow on the stage last night who looked like mitt romney said he did not know anything about that. i just want to make sure i got this straight. he'll get rid of regulations on wall street but he's going to crack down on "sesame street." thank goodness somebody is finally cracking down on big bird. who knew that he was responsible for all these deficits? >> mika, what were your thoughts about barack obama not being able to deliver a single line like that when he didn't have the teleprompter and yesterday reading what his staff wrote for him so effectively on that stage with 30,000 people? >> well, it bothered me. we watch this every day. it seemed like some people might have been screaming at the tv saying, why aren't you saying that right now to him? it seemed prepared. it's almost like -- but maybe that is the strategy. it was not satisfying. >> willie, it -- >> it's like a it took a whole day to respond. >> he carries this around with him now where people are waiting to the next debate to see. >> yeah. >> what is the depth of the understanding of the policies he is debating and reading on tell prompters? yesterday as he was reading the lines off that teleprompter you sat there going oh, my gosh. he contact say one of these things spontaneously and wednesday night but he can read it pretty well off the teleprompter. like bill maher said, a guy that gave a million dollars to the campaign. i can't believe i'm saying this but obama really needs his teleprompter. >> in real time on twitter or during the debate you had progressives answering mitt romney's attacks in real time on twitter fighting back. >> thousands of progressives. >> but i do think on the next one though, we talked about expectations. now mitt romney is this great debater and buried president obama in the first debate so if president obama does even pretty well and starts to fight back you know the press will come along and others will say the president is back. he was unprepared the first time. i'll be interested to see how long this first debate carried mitt romney. if the president has a good second debate does it wipe out the first one? >> i have a theory. it wasn't that he didn't have the facts at his command. it was that strategically they said going in so much you're here. he's there. there is none of this. there is none of this. when he talks you don't look at him. when you talk you don't look at him. you don't even respond to him. he's not there. that's what translated to the pathetic performance and seemed to not have the facts at his hands. i think it was an over arching no engagement strategy. these were simple rebutals. >> i'm saying this not as a conservative or republican but as an analyst that can turn on tv shows and listen and go online and see progressives online. seeing bloggers, seeing cable news people answering the questions. this is one of the great frustrations that chris matthews had and ed and the entire panel and msnbc. they were so angry and i think for good reason because there were basic retorts. >> it's not just the analysts but the average american had the answers for that. >> right. >> okay. chris matthews knew and he didn't know. every person i talked to said why didn't he say this? he couldn't not have the answers. >> hold on. joe, this isn't a debate for chris matthews or ed. this is a debate to win the election. i can't imagine he had none of those answers at his disposal. it may have been disappointing but there was something else going on. you have the jobs numbers coming out at 8:30 this morning. you have a lot of other things in play and he's in a certain position in this race. there must have beennumber -- as flummoxing as it was to watch a strategy. >> debates are where you show your depth of understanding about politics. and i've seen a thousand debates. i've participated in, you know, scores of debates. you know immediately. you can look around the stage to people to the left or right of you how deep can they go? by the way, they pick up in your eyes while you're looking across at them, a couple times where a guy was about to do a cheap shot and i'd lean in and say you want to? come on. let's go. and they back off immediately. barack obama, it happened with hillary clinton time and time again where hillary clinton, chris dodd, joe biden, out debated barack obama in every single debate back in 2008. every single debate. chris dodd, joe biden, hillary clinton just ran circles around him and people get -- at some point you just have to say because he doesn't have his -- i mean, as great of a grasp on the issues as the people he's debating. >> that's sobering but true. i believe it's the professor versus -- >> how can you be president of the united states, mark halperin and not have these basic answers? >> well, it's more the format i think than not having the answers. he spent a lot of the evening going after mitt romney for things that he thinks he can win the election on like taxes and medicare. it wasn't like he never responded to him. >> isn't the format in washington that you get in a room with someone and you go at it and try and figure it out? >> and that's what we're asking. has he been too isolated? listen, we talked to him -- the guy is brilliant. he really is. but has he become so isolated there's not the back and forth with even democratic leadership? because the democrats will tell you he doesn't talk to them all the time. >> he doesn't listen to them. >> and he doesn't listen to them. >> he is pretty confident of his own views. there are a lot of elements to why the performance is bad starting with he's not that great a debater but he ended up in a room with a guy who from his first answer was not the version of mitt romney that he practiced against. all the prep he did and he didn't do as much as he might have, all the prep was against john kerry channelling the mitt romney we've seen for the last five years. >> you know what is interesting, mika, is steve schmidt was on yesterday and he would call me during the 2008 campaign and it used to drive him crazy and the mccain campaign crazy about how arrogant the obama team was. it was like they don't respect us at all. he'd go they don't think we have any chance. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of over confidence going into that romney debate kind of like the dukakis team had in 1988 that they were the smartest people on the planet and they looked down on the lee atwaters and sort of the great unwashed. and i think maybe he was in shock that mitt romney came out and was effective as he was. >> maybe they felt and rightfully so they didn't really need the debate as much as they thought they did. >> maybe they listened to donny. >> but i want to know, mark, what you meant by mitt romney, who he was during the debate versus the mitt romney that the president might have been practicing against of the past few months or past few years. what are the differences? >> he talked in a different way. his focus was different in terms of what he talked about. he was comfortable with himself. he didn't radiate a vulnerability of the kind i think the president was planning to exploit. and he was very careful in the words he chose. again, didn't leave a lot of openings for the president to go after him. >> i'll tell you something else that happened. we saw their cores. obviously this has been talked to death as far as barack being a professor. we saw a businessman. when you're a businessman by trade you're one-on-one. you are not in front of audiences where romney is not good. when you are a professor which we saw five minutes ago in front of 30,000 you are speaking out, never one-on-one. the very thing we chastised him for, he is a businessman, negotiator, that is basically day to day you're debating as a business person. >> and by the way the president doesn't like one-on-ones. he does not like one-on-ones at all. again, when i say he doesn't like one-on-ones i'm not talk l personally but just what democratic senators have told me. republican senators say, well either you discount it because there is a big ideological war but we hear it time and time again from democratic senators, democratic house members. he doesn't talk to us. he doesn't like being with us. you know, i -- on a personal level i really respect the fact. he likes hanging out with his kids and his wife. >> yeah. >> and when he goes golfing he's not going to go golfing and do what bill clinton did and talk to lobbyists or talk to members that he's trying to persuade. he's like, it's my time. i understand that logic. and i respect it a great deal. i really do. personally i'm sort of, it's like i did it my way sort of thing but i think it has isolated him so much over the past four years that maybe that's why he got hit, blindsided like that. >> he better learn to pretend to like one-on-one over the next couple debates because if he has another debate like that he is going to find himself in deep trouble. we shouldn't take anything as bad as the president was don't take anything away from mitt romney. he was prepared. he was everything you could ask forout of the debate. if you put wednesday night together with this jobs report, it might be a little better than august but it is not going to be a great number. put those two things together. mitt romney has a moment to turn the election. just a question of whether he can do it. >> somebody asked me this question yesterday. you guys that love an answer can anybody around here remember a time when the spirits of the campaign so sharply shifted in one day? because what i heard yesterday, i mean, if i was in northwest florida i'd be hearing the republicans saying hey how great. but i was in manhattan. and all i heard was one democratic friend after another after another just wringing their hands going, what happened? they're just in shock probably like the day after john kerry lost. >> are any of them changing their votes? >> no, not the democrats. but i will tell you that there are a hell of a lot of independents and swing voters in that 67 million that are sitting there asking whether the president is up to the task over the next few years. >> 5%. so even if he gets 20% based on that. >> donny, the election is not over. go to the hamptons this weekend. >> i stop after labor day. >> go to palm beach. have you guys ever, though, seen such a turn-around? >> no. spirit is the word. >> it's just unbelievable. >> one of the things i think is overlooked about why this could matter so much is these are both politically appealing, talented guys. they wouldn't be where they were without it. we all know what was politically appealing and personally appealing about the president. we see it almost every day. even if you don't like the president you got to respect his political skills. in wisconsin yesterday. romney haters don't understand why that was so potentially potent is his performance was real. that is what mitt romney is like off television. he did on television -- republicans were revived because that guy in the debate could win. >> coming up we're just minutes away from the september jobs report and we'll get complete analysis from cnbc's brian sullivan and bloomberg's josh green. up next msnbc political director chuck todd. and miles nadal joins us onset. first bill karins with a check on the weekend forecast. >> big changes coming to the east coast this upcoming weekend already being felt in the northern plains. yesterday was the first snowstorm of the season up in north dakota and northern minnesota. areas like fargo and all the way up to grand fork picked up around 2 to 3 inches of snow. leaves are still on the trees. numerous people lost power in northern portions of north dakota and minnesota. let me take you through the weekend forecast. today the last really warm, beautiful day on the east coast. by sunday all the cold air in the middle of the country sweeps to the eastern seaboard. we'll watch a little rain too in coastal areas from d.c. to the mid-atlantic to southern new england. as far as the weekend forecast goes i'm telling you this is going to be the warmest day, probably for the eastern seaboard. watch the temperatures plunge. definitely sunday. it looks like the rest of the country should be okay with nice, cool weather through out the rest of the middle of the nation. if you're joining us on the west coast you're not going to see any rain soon. st. louis, you are one of those spots with some clouds and chilly weather today. you're watching morning joe. have a great weekend everybody. we're brewed by starbucks. ♪ keys, keys, keys, keys, keys. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirty, old egg-suckin' dog ♪ to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. 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[ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. >>> we want to make sure we have a chance -- >> i just wish you'd shut your yapper a little bit. all right. i respect the governor. >> do us all a favor and just -- we don't need you. >> okay. >> i think that's a little -- >> well i think it's a little personal. >> you can do whatever you want. we're here. >> i'm the moderator here. >> hold on. i'm going to have to ask you to step down. okay? >> now listen. >> okay. >> if -- >> oop -- >> okay. >> i know what you're doing. >> ah -- >> that's just a noise. >> would you shut the [ bleep ] up? >> welcome back. 21 past the hour. joining us now chairman and ceo of the holding company mdc partners miles nadal. and in washington, nbc news chief white house correspondent and host of the daily rundown chuck todd. gentlemen. miles. how are you? >> chuck, 24 hours later give us some info. how has this race changed in 24 hours? >> bmt folks have lost their swagger, their confidence, and you have a republican base and it's beyond the base. i would say it's the republican community of donors, opinion leaders, who suddenly believe again. that combination, that shift of swagger if you will, has moved from the obama campaign, the perception. and, you know, in a debate, it's always been interesting over the couple of decades watching debates. sometimes you can lose the debate but at least get something back in the post debate. yesterday i felt as if, mark murray put it this way. democrats sort of doubled down on their panic. they were really upset the night of the debate and then they acted like they did the day virilli did the supreme court oral arguments and everybody assumed doom and gloom on the health care law where you had democrats publicly hammering. yesterday they sort of amplified the fact that they have no confidence all of a sudden going forward. >> it's crazy. i asked the question earlier, of everybody on the panel. nobody could think of a time nor could i, when the spirit of the campaigns, both campaigns. >> just changed. >> changed overnight. the republicans went from thinking our backs are against the wall and we may lose this thing. all the conspiracy theories were hatched from a desperate, angry base. >> the polls. you know, joe. we all cook the polls. >> just look at my twitter feed. the rage against me last weekend from republicans is now a rage against me from liberal democrats who said that yesterday we were all part of the grand conspiracy that barack obama actually won the debates. it's just that mitt romney was lying and we're helping him in that lie. >> it's funny. before my twitter feed was you guys do everything you can to destroy mitt romney and the republicans. now it's -- you guys are propping romney up. what are you doing? >> you can always tell who is losing. you can always tell who is losing by looking at the rage on the twitter feed. >> that's true. it's a great way of putting it. the ragier it is on one side you're like uh-oh. they're in trouble. >> exactly. miles? >> look, historically, you said this, if you had more than 7.3% unemployment, no president has ever won. yet the polls indicated that obama was in the lead. you need 3% gdp growth to keep unemployment flat. we're going to wait and get numbers. and they're going to be what they're going to be. 113,000 new jobs, 118,000 new jobs. the practical reality is we had 2.5% gdp growth a year ago. we have 1.3% gdp growth. it's nowhere near 3%. we are creating more unemployment. now they'll come out with new numbers. they're going to say it was 8.1% unemployment, 8.2%. and you say, well, you know for sure there's less people employed. how is that the case? so they'll say more structurally unemployed. more people permanently out of the work force. more people are out of the work force for more than 12 months. the problem is that the average person when you see all these numbers, you sort of -- and the president gave you facts that gave you to believe the economy was good creating all these new jobs, things were strong. what you saw, though, when he didn't have the teleprompter, he didn't have all the facts and information, he couldn't really give you a strong feeling of confidence that he was going to be a fiscal manager and is going to make things get better. and they're not going to get better until these decisions are made. one thing about romney. he is really bright. and he has real fiscal experience. and the problem you've got, you know, what you have now is you have some strength and belief that the universe will unfold the way it should. don't you think? >> you know, i think, willie, obviously that the other night it looked like you had the businessman versus the professor. it's unbelievable again how ill prepared the president was but also how well romney was on his game. >> yeah. romney was on his game. it's hard to believe you'll see the president that ill prepared next time around. that is going to change. chuck, the reality remains for mitt romney. it ceremony was a great night. when you look at the state of ohio if you believe the polls from last week it's eight to ten points. can that performance combine with the jobs number and really close a gap that big in a state i think most of us agree he is going to have to win or at least put together some other improbable combination of swing states to win. >> well, i put it in a trio of states that is all in the same region and same issues. wisconsin, iowa, ohio. you know, if you're going to -- if you can't get there in ohio, and i have some doubts and we'll see if it's moved and we've changed our polling schedule because we want to go back into ohio sooner to see but then you better replace it with both iowa and wisconsin. >> yeah. >> the campaign tactically looks like on the romney side and among republican strategists that they're quietly seeing they believe they can put iowa back in play and they're trying to see which one is going to be better, wisconsin or ohio. i'll say, by the way, did the romney campaign really launch fireworks last night? that was sort of a little soon. you could have swagger but be careful, you know, how much do you gloat? it was one debate. let's see if you've moved the needle in ohio. it was a little much. can you imagine if it had been flipped and what the response would have been had there been fireworks after that obama rally. >> i think that we're going to see what happens. ohio, though, the romney people were saying even before the debate they thought ohio was still within reach. the columbus dispatch poll said nine points. it is going to be fascinating to see what the polls show this next week. a lot of it may hinge on what happens in three minutes. we've got the jobs report coming out and the obama campaign obviously crossing their fingers. >> we'll bring that to you live. chuck and miles stay with us. the jobs number is moments away. we'll be right back. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> breaking news. the jobs numbers are out the lowest since january of 2009. >> 7.8%. that politically is great news. however, you got to scratch your heads. 114,000 nonfarm jobs added. you have to have 150,000 just to keep up with population growth. i'm not an economist but this has to mean that more and more people, miles nadal, are discouraged and have just stopped looking for work. if you're not even having enough jobs created to keep up with population growth, and the unemployment rate drops 0.3 percentage points that can only mean one thing, right? people are distressed. the economy is so bad they've just given up. >> yeah. i mean, these are fungible -- the unemployment rate is a fungible number. you need 3% gdp growth as i said to keep unemployment flat. >> right. >> as willie said you need 150,000 jobs approximately to keep unemployment flat. here when you have 114,000, which is an anemic number in relation to where we were. we were at 155,000 earlier in the year. >> right. >> the only reason why the unemployment rate is lower is because you have more people that are structurally unemployed, more people permanently unemployed, and more people unemployed for more than 12 months. >> let's bring in right now cnbc's brian sullivan. chuck todd also still with us. let's start, chuck, with you. another mixed bag. it seems all summer. >> right. >> it's been a mixed bag politically for the white house who is happy when the rate goes down for political reasons but very concerned by how weak the job growth continues to be. and 114,000 is not good. >> what's been interesting that we found in our -- we have seen is these numbers seem to have a bigger impact on the tone of coverage for a day or two on the campaign but the public sort of has already absorbed the economy through their own prism. one of the things we saw on our nbc "wall street journal" poll is you have a partisan way of viewing. >> right. >> where the economy is. if you've come to the conclusion you're going to be with the president then you believe things are looking up. you believe the country is headed in the right direction. if you are deciding you're with romney you think the country is headed in the wrong direction so we are seeing more of a partisan split a little bit but you do have independents who have tilted toward believing the economy is getting better and things are recovering and that was, all of that bump had come basically since the bill clinton speech in the democratic convention. >> brian sullivan, we have two different story lines here politically, 7.8 the lowest unemployment rate since when? >> january of 2009. >> that's something the president can brag about today but, brian, cue us in. it certainly seems to me that with the numbers at 114,000 continuing to be anemic, it's not good news for the economy. >> it's not good news for the economy because as we've talked about you really need 125,000 jobs created a month to keep up with population and immigration growth so there is not a lot of net new jobs added but i will push back a little bit and say this. the number is good for the president. sort of to chuck todd's point which is this. we could talk about the labor force participation rate until everybody's eyes roll into the back of their head and they keel over. right? it's something that's difficult to discuss. what matters is that headline number with a seven handle on the street. 7.8%. whatever the reason the president can now say i've brought the unemployment rate below 8%. i think that's a big win. i think it is a very important number for president obama to have it sub 8. >> again just to push back with you though, brian, the only reason that number went down below 8 is because, not because we're adding jobs to bring the unemployment rate down but because people have stopped looking for work. right? >> i agree with that. the labor force participation rate at 65.6% rate is awful. absolutely agreed. why it's that low, is it retirees, kids that are 22 giving up? who knows? but that's a harder political thing to sell than saying, hey. we're below 8%. right? >> yes. >> i mean, that's the headline that is going to matter to the majority of americans that don't watch cnbc every day. >> let me ask you a question. don't you believe as a leading indicator of the health and well being of our economy it is much more about gdp growth than it is about the employment numbers? because if you have got 1.3% gdp growth, you're almost at stall speed. you know that at 3% you've got a reasonably healthy economy. our gdp growth a year ago was double where it is right now. the momentum is negative. to me that's a much greater indication about the health of the economy. >> right. >> and where consumers should feel confident. >> so let me cut in here quickly. mark halperin, i want to make sure we have this sourced right. you actually have information that the participation rate did not drop. >> it went up 0.1. but historically it is still very, very low. >> historically it's low but what do the numbers mean? >> you have job growth. >> right. >> lower unemployment but more people participating. i don't see how that adds up. the biggest thing politically. >> it's bizarre. >> republicans can no longer say above 8% his entire presidency. >> willie, what are you looking at? >> the same thing as we talked about participation as more people began to look for work in semt. it was at a terrible place the month before but has ticked up a little bit. >> you also know when people are unemployed for more than 12 months they are eliminated from that calculation. >> that is true. >> again, that might -- let's bring in josh green right now, bloomberg business week. maybe it's long-term unemployment. josh, these numbers have always, the unemployment rate has always been confusing. why don't you help us out since you work for one of the richest men in the world? >> i have to say i have a much different take on the jobs report than you guys do. first of all there were 418,000 new people who came into the work force in september. this was not a case of the unemployment rate dropping because people were leaving. the other good news buried in this report is that the numbers were revised upward for july and august. so last month if you guys remember the headline number was 96,000. that's now been revised upward to i think 142,000. so what we're seeing i think behind the number is evidence of stronger job growth. >> yes. >> 114,000, defining economy down here? >> yes. i think that is a good point. we have been all year. but in terms of this is right on the median analysts' estimate in the bloomberg survey and buried beneath there is some good news. not just the headline number 7.8% but the fact that the revisions are upward. that is the trend you want, the trend you're looking for when you're trying to discern an economic recovery. i think all in all this is probably good news for obama although not enough to over shadow his belly flop in the debate the other night. >> ignoring the politics of the headline for a moment, i guess my question is, if people think that this is a leading indicator, the economy is strengthening, do you think there is a positive revision coming to gdp growth? and if not, then i believe these things are irrelevant. until you start revising gdp growth positively to get up to 2.5%, 3% kind of growth but at least going in the right direction, don't you think, brian, at the end of the day these things are meaningless to the structural improvements of the economy? >> i agree a hundred percent but i also think there are two issues we seem to be debating here today. right? there is the actual economy when you dig down into the numbers and there is the political perception of the economy as chuck todd said to the prism of everybody's own experience. i'll piggy back on what josh said. great points. the two most optimistic things i see as i dig down and the releases are just ridiculous. the government needs help in putting out these numbers in a more sensible fashion. which is the number of people that were unemployed less than five weeks dropped dramatically year over year and it says to me if you lose your job, the odds of you getting a job quicker have gone back up. which is a good thing to avoid that long-term structural unemployment, miles, that you were hitting on earlier. all in all i would say it is a fairly positive jobs number. yes we have structural problems with the economy. 2% growth is effectively flat when you factor in inflation and everything else but let's not confuse the debates. the real economy, the political perception. >> all the different -- it's a long conversation about the dismal state we're still in. having said that this number good or bad for the president? >> great for the president if you go based on twitter right now and the people i follow who are conservative they're about to make a huge mistake. they are going to say the ls numbers are horrible. some people already saying the numbers are made up to help the president politically. they have to find a way to talk about the economy and why governor romney would be better not to try to -- >> exactly. >> the polls for the last two months to attack the methodology, these numbers are good not only symbolically but they represent the economy moving in a better direction. >> does it turn the page from a dismal debate performance or does it -- >> i think it depends fully on how the two sides handle it today. it certainly is good news to the president. it's good news for the country. >> my concern is that i am afraid that the headline is going to be viewed positively by voters. 7.8%. that big headline even though i don't believe it's an indication of the true health of the economy, i am afraid that that's going to be the thing that sticks in people's minds and i do think it is positive for the president because when he can say it's the lowest number since he took over, you know, since january, 2009, that's a very big positive. >> and you were holding up, hold that up for the camera. the drudge report. >> drudge report. even the drudge report. >> okay. what have we got? there we go. >> even the drudge report very happy news. >> so, willie, again, it is a confusing -- it is confusing because we're told you have to get 125 -- 150,000 jobs just to keep up with growth. come on. someone explain this. this doesn't make sense. if more people are looking for work and we're not bringing, hiring enough people to keep up with inflation, and you have a huge drop. how does that make sense? again, i just -- the labor department needs to explain this to us. >> well i agree with you, joe. we need to learn more about the people that are dropping out of the work force. right? 7600 people in america turned 60 years old every single day. there are a lot of people that are leaving the work force through natural demographic shifts. they are simply retiring. that is a very different situation than if a 22-year-old in their parent's basement has given up finding work or the person out of work for more than a year says forget it. i'm out. i'll never get a job again or they can't get a job again. >> right. >> let's not forget quickly there are two economies here. if you have a four-year college degree and are over 25 years, old guys, that is structural full unemployment. a bifurcated economy. >> josh green, how does this play into the other sort of narrative that businesses are so uncertain they won't hire? does this affect it at all? >> i think it really cuts against that to be honest. let's remember one reason this number went down is because we didn't just add 114,000 new jobs. there were upward revisions in august and july. we're talking well over 200,000 new jobs. i think that is evidence business is getting off the sidelines and hiring. there are still big headwinds. you have the fiscal cliff coming, all sorts of uncertainty with the presidential election but all in all good news. >> all right. brian sullivan, josh green, miles nadal thank you very much. as we covered this breaking news. >> i don't mean to sound like the executive in "big." i don't get it. i don't get it. >> just to give you clarity. >> no, no. again, somebody has got to explain the matrix by which they do this. that's fine. you know, the number goes down it's good political news. >> joe, could i just say something? the smartest economist over the last 24 hours, there are a dozen of them. said they think 113,000 to 118,000 new jobs. translated into 8.1 to 8.2% unemployment. comes in at 7.8. the number came in right in the middle of it. >> it does not make sense. >> we'll be back. >>> welcome back. we're still scratching our heads. these numbers, you look at all the, look at the matrix, how it's set up. these numbers don't make any sense. >> we need more explanation. we're reading through the report in great detail right now because 114,000 jobs were added which is below population growth. a lot of people who projected that number as miles said, said if it comes down about 113 or 120 you get about 8.1% unemployment. and now we've had a major tick down to 7.8% unemployment. so we're still working through this. >> this isn't a time when we are seeing the worst long-term unemployment in recent history. >> and the participation rates are historically low. there is an uptick of 0.1%. these numbers don't add up. you said jack welch who has been called by many the ceo of the past quarter century, a guy we know very well. jack welch has an opinion on this. >> he has a tweet being widely retweeted. i read from jack's certified twitter account. unbelievable job numbers. these chicago guys will do anything. can't debate so change numbers. >> okay. >> that's quite a charge. >> by jack and mark barnicle, we know jack. he's nonpartisan. >> not going there. he said that with a wink, right? >> i don't know. >> jack? >> let me tell you something seriously. these numbers don't add up. they just don't. again, i've got no dog in the fight here as far as the numbers go. >> you want them to be good. >> we all want them to be good. my dad was unemployed. i always, you know, conservatives always get angry at me when i cheer good economic news. but mike these numbers don't add up. it doesn't make sense it would drop to 7.8% with a weak participation rate and anemic number of jobs added. >> look, i am totally unqualified to weave my way through these. >> same here. >> i'm totally unqualified. i do know this though. these new unemployment numbers while offering promise and hope to a lot of people i'm sure won't offer promise or hope to an enormous number of people who are still unemployed in this country. there's a lot of unemployed people in this country. i don't know where the number came from. i hope it's accurate i just don't know. >> mika, you talk about long-term unemployment. >> it's beyond people who have given up. it's people on all levels of the economic spectrum. middle manager, vice presidents, oo years old. >> people who aren't getting a job back ever. >> ever. not even close to half. >> we should be very clear. i don't think any of us at this table are suggesting the obama campaign or the white house is manipulating numbers. >> no. >> not at all. we're just digging through the report and want to get it explained. >> we just read jack welch's tweet for entertainment value. >> and to be transparent. >> i have to tell you. again, these numbers don't seem to add up. and so we need the labor department to explain. this is by the way though every month, every month that comes out this is such an inexact scnce. not just this month. it's nonsense. they have to figure out a more accurate way. >> the headline though is "good news for the president." absolutely. >> the headline is huge political news for the president. >> we'll be right back with what we learned. you paid...wow. hmmm. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find quality eyewear brands starting at just $38. only at walmart. what are they fitting, aliens? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >> is this not great? listen. really quickly, willie, maybe we figured this out, the unemployment thing. maybe it was all the readjustments. >> i'm confused. you know what i do? i eat cake. >> bring out a cake. >> yes. if this were a regular morning show i'd put this right in your face and everyone would laugh. but actually this is for kate. it's her last day. >> all right. >> kate, you've been like the heart and soul of this show. you will come back, right? you have some big job at nbc.
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